Blue Label Telecoms (JSE:BLU) Long-Term Capital Lease Obligation : R19 Mil (As of Nov. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Blue Label Telecoms Long-Term Capital Lease Obligation?

Blue Label Telecoms's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was R19 Mil.

Blue Label Telecoms's quarterly Long-Term Capital Lease Obligation increased from Nov. 2022 (R14 Mil) to May. 2023 (R23 Mil) but then declined from May. 2023 (R23 Mil) to Nov. 2023 (R19 Mil).

Blue Label Telecoms's annual Long-Term Capital Lease Obligation declined from May. 2021 (R40 Mil) to May. 2022 (R9 Mil) but then increased from May. 2022 (R9 Mil) to May. 2023 (R23 Mil).

Blue Label Telecoms Long-Term Capital Lease Obligation Historical Data

The historical data trend for Blue Label Telecoms'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.

Blue Label Telecoms Long-Term Capital Lease Obligation Chart

Blue Label Telecoms Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

80.92

40.27

9.50

23.46

Blue Label Telecoms Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															29.52	9.50	13.80	23.46	19.14

Blue Label Telecoms (JSE:BLU) 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.

Blue Label Telecoms Long-Term Capital Lease Obligation Related Terms

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

Blue Label Telecoms (JSE:BLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Blue Label Telecoms Ltd (JSE:BLU) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

75 Grayston Drive, Corner Benmore Road, Morningside Extension 5, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.bluelabeltelecoms.co.za

Blue Label Telecoms Ltd is a technology company. It derives revenue from the distribution of airtime and mobile transaction services. It operates through four segments: African Distribution, International, Solutions and Corporate. African distribution includes the distribution of physical and virtual prepaid airtime and electricity of the South African telecommunication and utilities companies. International includes the distribution of physical and virtual prepaid airtime in India and Mexico and payment solutions in India. Solutions include the provision of a mobile transactional platform and the marketing of mobile and financial products. The company generates the vast majority of its revenue in South Africa.