GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » S & U PLC (LSE:SUS) » Definitions » Long-Term Capital Lease Obligation

S & U (LSE:SUS) Long-Term Capital Lease Obligation : £0.0 Mil (As of Jan. 2024)


View and export this data going back to 1961. Start your Free Trial

What is S & U Long-Term Capital Lease Obligation?

S & U's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was £0.0 Mil.


S & U Long-Term Capital Lease Obligation Historical Data

The historical data trend for S & U'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.

S & U Long-Term Capital Lease Obligation Chart

S & U Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

S & U Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 - - - - -

S & U  (LSE:SUS) 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.

S & U Long-Term Capital Lease Obligation Related Terms

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


S & U (LSE:SUS) Business Description

Industry
Traded in Other Exchanges
Address
Cranmore Boulevard, 2 Stratford Court, Solihull, Birmingham, West Midlands, GBR, B90 4QT
S & U PLC is a UK-based company. It is engaged in providing motor finance and specialist lending services. The company has three business segments: Motor finance, Property bridging finance, and Central fiance. The majority of the revenue derives from the Motor finance segment which operates within the non-prime market sector, and acts as a supplier of specialist finance facilities, through motor dealers throughout the UK which facilitate the purchase of new and used cars, vans, motorbikes, and caravans. The company's finance products allow motor dealers across the UK to provide credit facilities.

S & U (LSE:SUS) Headlines

No Headlines