RPM Automotive Group (ASX:RPM) Long-Term Capital Lease Obligation : A$0.0 Mil (As of Dec. 2023)

View and export this data going back to 1983. Start your Free Trial

What is RPM Automotive Group Long-Term Capital Lease Obligation?

RPM Automotive Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.0 Mil.

RPM Automotive Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.0 Mil) to Jun. 2023 (A$6.6 Mil) but then declined from Jun. 2023 (A$6.6 Mil) to Dec. 2023 (A$0.0 Mil).

RPM Automotive Group's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$3.4 Mil) to Jun. 2022 (A$4.9 Mil) and increased from Jun. 2022 (A$4.9 Mil) to Jun. 2023 (A$6.6 Mil).

RPM Automotive Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for RPM Automotive 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.

* Premium members only.

RPM Automotive Group Long-Term Capital Lease Obligation Chart

RPM Automotive Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1.67

3.43

4.91

6.59

RPM Automotive Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	4.91	-	6.59	-

RPM Automotive Group (ASX:RPM) 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.

RPM Automotive Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of RPM Automotive Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

RPM Automotive Group (ASX:RPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » RPM Automotive Group Ltd (ASX:RPM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-7 Ausco Place, Dandenong South, Melbourne, VIC, AUS, 3175

Website

https://www.rpmgroup.net.au

RPM Automotive Group Ltd is an Australian based automotive group. The company's segment includes Motorsport; Repairs and Roadside; Wheels and Tyres and Accessories. It generates maximum revenue from the Repairs and Roadside segment.