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Elixirr International (LSE:ELIX) Long-Term Capital Lease Obligation : £4.21 Mil (As of Dec. 2023)


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What is Elixirr International Long-Term Capital Lease Obligation?

Elixirr International's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £4.21 Mil.

Elixirr International's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£4.39 Mil) to Jun. 2023 (£0.00 Mil) but then increased from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£4.21 Mil).

Elixirr International's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (£4.76 Mil) to Dec. 2022 (£4.39 Mil) and declined from Dec. 2022 (£4.39 Mil) to Dec. 2023 (£4.21 Mil).


Elixirr International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Elixirr International'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.

Elixirr International Long-Term Capital Lease Obligation Chart

Elixirr International Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
5.29 4.84 4.76 4.39 4.21

Elixirr International Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 4.76 - 4.39 - 4.21

Elixirr International  (LSE:ELIX) 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.

Elixirr International Long-Term Capital Lease Obligation Related Terms

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Elixirr International (LSE:ELIX) Business Description

Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Elixirr International PLC is a provider of management consultancy services. The company is principally engaged in the provision of consulting services, delivering innovative and bespoke solutions to a globally-recognised client base, including creative, marketing and transformation services. These challenges include future proofing against technological disruption; development and roll-out of new products, services and businesses; navigating a more complex and multinational regulatory environment; and project management and implementation of change programmes. It has worked with over 150 clients across 25 countries spanning Europe, North America, Africa, Asia and Australia, with offices in the UK and permanent presence (and employees) in the US and South Africa.

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