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Johns Lyng Group (ASX:JLG) Long-Term Capital Lease Obligation : A$0 Mil (As of Dec. 2023)


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What is Johns Lyng Group Long-Term Capital Lease Obligation?

Johns Lyng Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0 Mil.

Johns Lyng Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0 Mil) to Jun. 2023 (A$27 Mil) but then declined from Jun. 2023 (A$27 Mil) to Dec. 2023 (A$0 Mil).

Johns Lyng Group's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$15 Mil) to Jun. 2022 (A$19 Mil) and increased from Jun. 2022 (A$19 Mil) to Jun. 2023 (A$27 Mil).


Johns Lyng Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Johns Lyng Group's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Johns Lyng Group Long-Term Capital Lease Obligation Chart

Johns Lyng Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 2.87 14.77 14.66 18.66 26.79

Johns Lyng Group Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 18.66 - 26.79 -

Johns Lyng Group  (ASX:JLG) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Johns Lyng Group Long-Term Capital Lease Obligation Related Terms

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Johns Lyng Group (ASX:JLG) Business Description

Industry
Traded in Other Exchanges
Address
1 Williamsons Road, Doncastor, Melbourne, VIC, AUS, 3108
Johns Lyng Group Ltd provides integrated building services in Australia. The company's operating segment include Insurance Building and Restoration Services; Commercial Building Services; Commercial Construction - Commercial Builders and Others. It generates maximum revenue from the Insurance Building and Restoration Services segment. Building and Restoration Services segment is involved in the building fabric repair, contents restoration and hazardous waste removal. The Commercial Building Services segment focuses on residential and commercial flooring, emergency domestic repairs, shop-fitting, and commercial glazing. Geographically the company generates the majority of its revenue from Australia and New Zealand.

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