GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mobeus Income & Growth VCT PLC (LSE:MIX) » Definitions » Long-Term Capital Lease Obligation

Mobeusome & Growth VCT (LSE:MIX) Long-Term Capital Lease Obligation : £0.00 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Mobeusome & Growth VCT Long-Term Capital Lease Obligation?

Mobeusome & Growth VCT's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil.


Mobeusome & Growth VCT Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mobeusome & Growth VCT'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.

Mobeusome & Growth VCT Long-Term Capital Lease Obligation Chart

Mobeusome & Growth VCT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mobeusome & Growth VCT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Mobeusome & Growth VCT  (LSE:MIX) 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.

Mobeusome & Growth VCT Long-Term Capital Lease Obligation Related Terms

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


Mobeusome & Growth VCT (LSE:MIX) Business Description

Traded in Other Exchanges
N/A
Address
5 New Street Square, London, GBR, EC4A 3TW
Mobeus Income & Growth VCT PLC is a UK-based Venture Capital Trust company. The Investment objective of the company is to provide investors with a regular income stream by way of tax-free dividends generated from income and capital returns. The company invests in a portfolio of the United Kingdom unquoted companies. The fund structures its investments as part equity and part loan to receive a regular income, generate capital gain upon sale, and reduce the risk of high exposure to equities. The company invests in various sectors such as general retailers, support services, Travel and Leisure, media, software & computer services, general financial, General industrials, and construction & building materials, and others.