Gannett Co (FRA:2N2A) Long-Term Capital Lease Obligation : €177 Mil (As of Mar. 2024)

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What is Gannett Co Long-Term Capital Lease Obligation?

Gannett Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €177 Mil.

Gannett Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€199 Mil) to Dec. 2023 (€187 Mil) and declined from Dec. 2023 (€187 Mil) to Mar. 2024 (€177 Mil).

Gannett Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€226 Mil) to Dec. 2022 (€207 Mil) and declined from Dec. 2022 (€207 Mil) to Dec. 2023 (€187 Mil).

Gannett Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gannett Co'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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Gannett Co Long-Term Capital Lease Obligation Chart

Gannett Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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267.90

225.61

225.65

206.84

186.95

Gannett Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															201.28	189.91	199.28	186.95	176.91

Gannett Co (FRA:2N2A) 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.

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Gannett Co (FRA:2N2A) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Gannett Co Inc (FRA:2N2A) » Definitions » Long-Term Capital Lease Obligation

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GCI:USA

Address

7950 Jones Branch Drive, McLean, VA, USA, 22107-0910

Website

https://www.gannett.com

Gannett Co Inc is a digital newspaper company providing local media and marketing solutions in the U.S. The Group operate in two segments, Gannett Media and Digital Marketing Solutions. The majority of revenue is from the Gannett media segment. The company's brands include USA TODAY and more than 250 daily newspapers as well as digital marketing services companies, including ReachLocal, WordStream and others. The company produces more than 350 annual events, such as themed expos. The company also operates in the U.K. through the U.K. media company Newsquest to provide more than 150 local media brands.

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