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KHD Humboldt Wedag International AG (KHD Humboldt Wedag International AG) Long-Term Capital Lease Obligation : $7.0 Mil (As of Dec. 2023)


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What is KHD Humboldt Wedag International AG Long-Term Capital Lease Obligation?

KHD Humboldt Wedag International AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.0 Mil.

KHD Humboldt Wedag International AG's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($8.5 Mil) to Jun. 2023 ($7.8 Mil) and declined from Jun. 2023 ($7.8 Mil) to Dec. 2023 ($7.0 Mil).

KHD Humboldt Wedag International AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($1.9 Mil) to Dec. 2022 ($8.5 Mil) but then declined from Dec. 2022 ($8.5 Mil) to Dec. 2023 ($7.0 Mil).


KHD Humboldt Wedag International AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for KHD Humboldt Wedag International AG'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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KHD Humboldt Wedag International AG Long-Term Capital Lease Obligation Chart

KHD Humboldt Wedag International AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 2.61 1.92 8.46 6.98

KHD Humboldt Wedag International AG 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 1.92 8.10 8.46 7.78 6.98

KHD Humboldt Wedag International AG  (OTCPK:KHDHF) 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.

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KHD Humboldt Wedag International AG (KHD Humboldt Wedag International AG) Business Description

Traded in Other Exchanges
Address
Von-der-Wettern-Straße 4a, Cologne, DEU, 51149
KHD Humboldt Wedag International AG is a Germany-based company engaged in equipment supplier and service provider for the cement industry. It operates in two business segments including the Capex segment and the Plant services segment, and the majority of revenue comes from the Capex. Its Geographic area of the company is India, Russia, North America, the Rest of Asia, Germany, China, and Others. India generates the majority of the revenue.

KHD Humboldt Wedag International AG (KHD Humboldt Wedag International AG) Headlines

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