OMV AG (OMV AG) Long-Term Capital Lease Obligation : $1,531 Mil (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is OMV AG Long-Term Capital Lease Obligation?

OMV AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,531 Mil.

OMV AG's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($1,475 Mil) to Sep. 2023 ($1,481 Mil) and increased from Sep. 2023 ($1,481 Mil) to Dec. 2023 ($1,531 Mil).

OMV AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($1,002 Mil) to Dec. 2022 ($1,400 Mil) and increased from Dec. 2022 ($1,400 Mil) to Dec. 2023 ($1,531 Mil).

OMV AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for OMV 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.

* Premium members only.

OMV AG Long-Term Capital Lease Obligation Chart

OMV 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

1,037.78

1,147.20

1,002.26

1,400.42

1,531.08

OMV AG 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	Get a 7-Day Free Trial															1,400.42	1,456.10	1,474.54	1,481.32	1,531.08

OMV AG (OTCPK:OMVKY) 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.

OMV AG Long-Term Capital Lease Obligation Related Terms

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

OMV AG (OMV AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » OMV AG (OTCPK:OMVKY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

OMVJF:USA OMVv:UK 0MKH:UK OMVI:Germany OMV:Germany OMV:Germany OMV:Germany OMV:Germany OMV:Czech Republic OMV:Austria

Address

Trabrennstrasse 6 - 8, Vienna, AUT, 1020

Website

https://www.omv.com

OMV AG is an international, integrated oil and gas company that operates in the Exploration & Production, Refining & Marketing, and Chemicals & Materials segments. The company has exploration and production assets in a multitude of countries in Europe, Asia, and Africa. Exploration & Production (E&P) engages in the business of oil and gas exploration, development and production and focuses on the regions Central and Eastern Europe, North Sea, Middle East and Africa, and Asia-Pacific. The Refining & Marketing (R&M) Business Segment refines and markets crude and other feedstock. The Chemicals & Materials (C&M) Business Segment provides circular polyolefin solutions and base chemicals, fertilizers, and plastics recycling.