S&P Global (FRA:MHL) Long-Term Capital Lease Obligation : €482 Mil (As of Mar. 2024)

View and export this data going back to 1929. Start your Free Trial

What is S&P Global Long-Term Capital Lease Obligation?

S&P Global's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €482 Mil.

S&P Global's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€509 Mil) to Dec. 2023 (€496 Mil) and declined from Dec. 2023 (€496 Mil) to Mar. 2024 (€482 Mil).

S&P Global's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€435 Mil) to Dec. 2022 (€545 Mil) but then declined from Dec. 2022 (€545 Mil) to Dec. 2023 (€496 Mil).

S&P Global Long-Term Capital Lease Obligation Historical Data

The historical data trend for S&P Global'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.

S&P Global Long-Term Capital Lease Obligation Chart

S&P Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

558.00

447.17

435.42

544.69

496.10

S&P Global 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															528.64	504.88	508.79	496.10	482.08

S&P Global (FRA:MHL) 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.

S&P Global Long-Term Capital Lease Obligation Related Terms

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

S&P Global (FRA:MHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » S&P Global Inc (FRA:MHL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SPGI:USA SPGI:Mexico MHL:Germany SPGI34:Brazil

Address

55 Water Street, New York, NY, USA, 10041

Website

https://www.spglobal.com

S&P Global provides data and benchmarks to capital and commodity market participants. Its ratings business is the largest credit rating agency in the world and S&P's largest segment by profitability. S&P's largest segment by revenue is market intelligence, which provides desktop, data and advisory solutions, enterprise solutions, and credit/risk solutions mostly in the financial-services industry. S&P's other segments include commodity insights (Platts and other data), mobility (Carfax), and indexes.

S&P Global (FRA:MHL) Headlines

No Headlines