GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Murray Income Trust PLC (LSE:MUT) » Definitions » Long-Term Capital Lease Obligation

Murrayome Trust (LSE:MUT) Long-Term Capital Lease Obligation : £0.00 Mil (As of Dec. 2023)


View and export this data going back to 1953. Start your Free Trial

What is Murrayome Trust Long-Term Capital Lease Obligation?

Murrayome Trust's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil.


Murrayome Trust Long-Term Capital Lease Obligation Historical Data

The historical data trend for Murrayome Trust'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.

Murrayome Trust Long-Term Capital Lease Obligation Chart

Murrayome Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Murrayome Trust 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 - - - - -

Murrayome Trust  (LSE:MUT) 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.

Murrayome Trust Long-Term Capital Lease Obligation Related Terms

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


Murrayome Trust (LSE:MUT) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
Murray Income Trust PLC is an asset management firm in the United Kingdom. Its core objective is to achieve high and growing income combined with capital growth through investment in a portfolio of UK equities which cover a diverse range of sectors. Its primary focus remains on dividend-paying growth stocks of large-cap companies. The trust's investment follows a bottom-up and top-down stock picking approach, thereby focusing on factors such as strong cash flow and balance sheet.

Murrayome Trust (LSE:MUT) Headlines

No Headlines