GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CHC Group Ltd (OTCPK:HELIQ) » Definitions » Long-Term Debt & Capital Lease Obligation

CHC Group (CHC Group) Long-Term Debt & Capital Lease Obligation : $0 Mil (As of Oct. 2016)


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

What is CHC Group Long-Term Debt & Capital Lease Obligation?

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. CHC Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2016 was $0 Mil.

LT-Debt-to-Total-Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligation divides by its Total Assets. CHC Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2016 was $0 Mil. CHC Group's Total Assets for the quarter that ended in Oct. 2016 was $1,787 Mil. CHC Group's LT-Debt-to-Total-Asset for the quarter that ended in Oct. 2016 was 0.00.

CHC Group's LT-Debt-to-Total-Asset declined from Oct. 2015 (0.60) to Oct. 2016 (0.00). It may suggest that CHC Group is progressively becoming less dependent on debt to grow their business.


CHC Group Long-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for CHC Group's Long-Term Debt & 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.

CHC Group Long-Term Debt & Capital Lease Obligation Chart

CHC Group Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16
Long-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,269.38 1,475.09 1,546.16 1,215.66 25.89

CHC Group Quarterly Data
Apr11 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
Long-Term Debt & 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 1,284.07 1,381.48 25.89 - -

CHC Group Long-Term Debt & Capital Lease Obligation Calculation

Long-Term Debt is the debt due more than 12 months in the future. The debt can be owed to banks or bondholders. Some companies issue bonds to investors and pay interest on the bonds.

Long-Term Capital Lease Obligation represents the total liability for long-term leases lasting over one year. It's amount equal to the present value (the principal) at the beginning of the lease term less lease payments during the lease term.

The interest paid on companies' debt is reflected in the income statement as interest expense. If a company has too much debt and it cannot serve the interest payment on the debt or repay the matured debt, the company risks bankruptcy. Peter Lynch famously said: A company that does not have debt cannot go bankrupt.

A company's long term debt may have different dates of maturity and interest rates, depending on the terms.

Usually a company issues long term debt to pay for its capital expenditures. Borrowing allows the company to do things that otherwise cannot be done with only the capital it has. But debt can be risky.


CHC Group  (OTCPK:HELIQ) Long-Term Debt & Capital Lease Obligation Explanation

LT-Debt-to-Total-Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

CHC Group's LT-Debt-to-Total-Asset ratio for the quarter that ended in Oct. 2016 is calculated as:

LT-Debt-to-Total-Asset (Q: Oct. 2016 )=Long-Term Debt & Capital Lease Obligation (Q: Oct. 2016 )/Total Assets (Q: Oct. 2016 )
=0/1787.254
=0.00

* 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.

Buffett says that durable competitive advantages carry little to no long-term debt because the company is so profitable that even expansions or acquisitions are self financed.

We are interested in long term debt load for the last ten years. If the ten years of operation show little to no long term debt, then the company has some kind of strong competitive advantage.

Warren Buffett's historic purchases indicate that on any given year, the company should have sufficient yearly net earnings to pay all long term within 3 or 4 year earnings period. (e.g. Coke + Moody's = 1yr)

Companies with enough earning power to pay long term debt in less than 3 or 4 years is a good candidate in our search for long term competitive advantage.

BUT, these companies are targets for leveraged buy outs, which saddles the business with long term debt.

If all else indicates the company has a moat, but it has ton of debt, a leveraged buyout may have created the debt. In these cases the company's bonds offer the better bet, in that the company’s earnings power is focused on paying off the debt and not growth.

Important: little or no long term debt often means a Good Long Term Bet


CHC Group Long-Term Debt & Capital Lease Obligation Related Terms

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


CHC Group (CHC Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » CHC Group Ltd (OTCPK:HELIQ) » Definitions » Long-Term Debt & Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
CHC Group Ltd is a commercial helicopter service provider to the offshore oil and gas industry. The company operates in two segments including the Helicopter Services segment which includes flying operations around the world serving offshore oil and gas. Heli-One segment provides helicopter maintenance, repair, and overhaul services for fleet and for an external customer base primarily in Europe, Asia, and North America. The company has a global market presence with the majority of the revenue generated from Norway.
Executives
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Cd&r Investment Associates Ix, Ltd. 10 percent owner MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
William G. Schrader director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Francis S Kalman director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Lee Eckert officer: SVP and CFO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Amelio J. William director, officer: President and CEO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Michael J Oneill officer: Senior Vice President 1299 PENNSYVLANIA AVE NW, HOWREY SIMON ARNOLD & WHITE, WASHINGTON DC 20004
Peter Bartolotta officer: Chief Operating Officer C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN E9 KY1-9005
Joan S Hooper officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
John Krenicki director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Nathan K Sleeper director 375 PARK AVENUE, 18TH FLOOR, NEW YORK CITY NY 10152
John Mogford director 25 VICTORIA STREET, LONDON X0 SW1H 0EX
Michael L Summers officer: Senior Vice President C/O CELANESE CORPORATION, 1601 W. LBJ FREEWAY, DALLAS TX 75234
Fr Xi Offshore Gp Ltd director, 10 percent owner ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
First Reserve Gp Xii Ltd director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902

CHC Group (CHC Group) Headlines

From GuruFocus

Meridian Funds Comments on CHC Group

By Vera Yuan Vera Yuan 09-08-2014

Meridian Funds Comments on CHC Group Ltd

By Vera Yuan Vera Yuan 12-17-2014

Meridian Growth Fund Annual Annual Review

By Holly LaFon Holly LaFon 09-05-2014

Meridian Funds Comments on CHC Group

By Holly LaFon 08-31-2015

Largest CEO Buys Over the Past Week

By Monica Wolfe Monica Wolfe 01-27-2014