Transaction Capital (JSE:TCP) Long-Term Capital Lease Obligation : R483 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Transaction Capital Long-Term Capital Lease Obligation?

Transaction Capital's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R483 Mil.

Transaction Capital's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (R722 Mil) to Sep. 2023 (R768 Mil) but then declined from Sep. 2023 (R768 Mil) to Mar. 2024 (R483 Mil).

Transaction Capital's annual Long-Term Capital Lease Obligation increased from Sep. 2021 (R420 Mil) to Sep. 2022 (R715 Mil) and increased from Sep. 2022 (R715 Mil) to Sep. 2023 (R768 Mil).

Transaction Capital Long-Term Capital Lease Obligation Historical Data

The historical data trend for Transaction Capital'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.

Transaction Capital Long-Term Capital Lease Obligation Chart

Transaction Capital Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.00

417.00

420.00

715.00

768.00

Transaction Capital Semi-Annual Data
	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															425.00	715.00	722.00	768.00	483.00

Transaction Capital (JSE:TCP) 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.

Transaction Capital Long-Term Capital Lease Obligation Related Terms

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

Transaction Capital (JSE:TCP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Transaction Capital Ltd (JSE:TCP) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

W55:Germany

Address

24 Cradock and Tyrwhitt Avenue, The Bank, 12th Floor, Rosebank, Johannesburg, GT, ZAF, 2196

Website

https://www.transactioncapital.co.za

Transaction Capital Ltd is an investment holding company. The company's operating segment includes SA Taxi; Nutun, WeBuyCars, and Group executive office. It generates maximum revenue from the WeBuyCars segment. WeBuyCars segment includes buyer, distributor, and retailer of vehicles, which also offers financial and other allied products. SA Taxi segment is engaged in a vertically integrated taxi platform incorporating a unique blend of vehicle procurement, retail, repossession and refurbishment capabilities with asset-backed developmental finance and insurance competencies for focused vehicle types.