MMA Offshore (MMA Offshore) Long-Term Capital Lease Obligation : $0.0 Mil (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is MMA Offshore Long-Term Capital Lease Obligation?

MMA Offshore's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil.

MMA Offshore's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($0.0 Mil) to Jun. 2023 ($3.5 Mil) but then declined from Jun. 2023 ($3.5 Mil) to Dec. 2023 ($0.0 Mil).

MMA Offshore's annual Long-Term Capital Lease Obligation declined from Jun. 2021 ($5.1 Mil) to Jun. 2022 ($4.5 Mil) and declined from Jun. 2022 ($4.5 Mil) to Jun. 2023 ($3.5 Mil).

MMA Offshore Long-Term Capital Lease Obligation Historical Data

The historical data trend for MMA Offshore'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.

MMA Offshore Long-Term Capital Lease Obligation Chart

MMA Offshore Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

4.94

5.07

4.54

3.53

MMA Offshore 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															-	4.54	-	3.53	-

MMA Offshore (OTCPK:MRMAF) 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.

MMA Offshore Long-Term Capital Lease Obligation Related Terms

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

MMA Offshore (MMA Offshore) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MMA Offshore Ltd (OTCPK:MRMAF) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

MRM:Australia

Address

12-14 The Esplanade, EQ12, Level 10, Perth, WA, AUS, 6000

Website

https://www.mmaoffshore.com

MMA Offshore Ltd is involved in providing marine-related services. The company's operating segment includes Vessel Services; Subsea Services and Project Logistics. It generates maximum revenue from the Vessel Services segment. The Vessel Services segment provision of specialised offshore support vessels. Its Subsea Services segment provides services to companies operating in subsea environments including inspection, maintenance and repair. The Project Logistics segment includes project management of large marine spreads and complex marine logistics. Geographically, it derives a majority of revenue from Australia.

MMA Offshore (MMA Offshore) Headlines

From GuruFocus

Half Year 2024 MMA Offshore Ltd Earnings Call Transcript

By GuruFocus Research • 02-28-2024