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Greenlight Capital Re (FRA:G8L) Long-Term Capital Lease Obligation : €0.0 Mil (As of Mar. 2024)


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What is Greenlight Capital Re Long-Term Capital Lease Obligation?

Greenlight Capital Re's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil.


Greenlight Capital Re Long-Term Capital Lease Obligation Historical Data

The historical data trend for Greenlight Capital Re'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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Greenlight Capital Re Long-Term Capital Lease Obligation Chart

Greenlight Capital Re Annual Data
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Long-Term Capital Lease Obligation
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Greenlight Capital Re Quarterly Data
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Greenlight Capital Re  (FRA:G8L) 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.

Greenlight Capital Re Long-Term Capital Lease Obligation Related Terms

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Greenlight Capital Re (FRA:G8L) Business Description

Traded in Other Exchanges
Address
65 Market Street, Suite 1207, P.O. Box 31110, Camana Bay, Grand Cayman, CYM, KY1-1205
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.

Greenlight Capital Re (FRA:G8L) Headlines

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