MJ Hudson Group (LSE:MJH) Long-Term Capital Lease Obligation : £8.77 Mil (As of Dec. 2021)

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What is MJ Hudson Group Long-Term Capital Lease Obligation?

MJ Hudson Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2021 was £8.77 Mil.

MJ Hudson Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2020 (£6.69 Mil) to Jun. 2021 (£6.38 Mil) but then increased from Jun. 2021 (£6.38 Mil) to Dec. 2021 (£8.77 Mil).

MJ Hudson Group's annual Long-Term Capital Lease Obligation increased from Jun. 2019 (£0.23 Mil) to Jun. 2020 (£6.50 Mil) but then declined from Jun. 2020 (£6.50 Mil) to Jun. 2021 (£6.38 Mil).

MJ Hudson Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for MJ Hudson Group'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.

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MJ Hudson Group Long-Term Capital Lease Obligation Chart

MJ Hudson Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Long-Term Capital Lease Obligation

0.66

0.52

0.23

6.50

6.38

MJ Hudson Group Semi-Annual Data
	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				6.60	6.50	6.69	6.38	8.77

MJ Hudson Group (LSE:MJH) 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.

MJ Hudson Group Long-Term Capital Lease Obligation Related Terms

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MJ Hudson Group (LSE:MJH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » MJ Hudson Group PLC (LSE:MJH) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Grenville Street, PO Box 264, Forum 4, St Helier, JEY, JE4 8TQ

Website

https://www.mjhudson.com

MJ Hudson Group PLC is an asset management consultancy. It provides advice and integrated services to the traditional and alternative asset management industries. The company offers consultancy in fields of law, international administration, fund management, investment advisory, and IR and marketing. Its segments include Advisory, Business outsourcing and Data & analytics.

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