CresudCIF y A (CresudCIF y A) Long-Term Capital Lease Obligation

: $158.6 Mil (As of Dec. 2023)

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CresudCIF y A's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $158.6 Mil.

CresudCIF y A's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($74.3 Mil) to Sep. 2023 ($70.7 Mil) but then increased from Sep. 2023 ($70.7 Mil) to Dec. 2023 ($158.6 Mil).

CresudCIF y A's annual Long-Term Capital Lease Obligation increased from Jun. 2021 ($79.1 Mil) to Jun. 2022 ($126.5 Mil) but then declined from Jun. 2022 ($126.5 Mil) to Jun. 2023 ($74.3 Mil).

CresudCIF y A Long-Term Capital Lease Obligation Historical Data

The historical data trend for CresudCIF y A'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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CresudCIF y A Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

333.35

79.06

126.47

74.31

CresudCIF y A Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																71.39	73.01	74.31	70.74	158.60

CresudCIF y A (NAS:CRESY) 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.

CresudCIF y A Long-Term Capital Lease Obligation Related Terms

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CresudCIF y A (CresudCIF y A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Cresud SACIF y A (NAS:CRESY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CD8:Germany CD8:Germany CRES:Argentina

Address

Carlos M. Della Paolera 261, 9th Floor, Buenos Aires, ARG, C1001ADA

Website

https://www.cresud.com.ar

Cresud SACIF y A is engaged in agricultural business and urban properties and investment business. Under its agricultural business the company produces oilseed grains and cereals, sugar cane and meat. The Agricultural business of the company is further comprised of four reportable segments which are Agricultural production, Land transformation and Sales, Corporate and Other segments. The company participates in the real estate business in Argentina through its subsidiary IRSA. The real estate business is further comprised of five reportable segments, namely Shopping Malls, Offices, Sales and Developments, Hotels and others.