GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sampo Oyj (OTCPK:SAXPY) » Definitions » Long-Term Capital Lease Obligation

Sampo Oyj (Sampo Oyj) Long-Term Capital Lease Obligation : $174 Mil (As of Dec. 2023)


View and export this data going back to 2008. Start your Free Trial

What is Sampo Oyj Long-Term Capital Lease Obligation?

Sampo Oyj's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $174 Mil.

Sampo Oyj's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($174 Mil).

Sampo Oyj's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($232 Mil) to Dec. 2022 ($209 Mil) and declined from Dec. 2022 ($209 Mil) to Dec. 2023 ($174 Mil).


Sampo Oyj Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sampo Oyj'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.

Sampo Oyj Long-Term Capital Lease Obligation Chart

Sampo Oyj 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 152.22 232.36 231.64 208.69 174.48

Sampo Oyj 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 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 208.69 - - - 174.48

Sampo Oyj  (OTCPK:SAXPY) 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.

Sampo Oyj Long-Term Capital Lease Obligation Related Terms

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


Sampo Oyj (Sampo Oyj) Business Description

Industry
Address
Fabianinkatu 27, Helsinki, FIN, 00100
Sampo is a leading Nordics-based insurer headquartered in Finland and listed in Helsinki. The company has operations in Denmark, Estonia, Finland, Norway, Lithuania, Latvia, and the United Kingdom. Sampo has four subsidiaries that mainly sell personal lines of insurance to retail customers. If is the largest property and casualty insurer in the Nordics. Headquartered in Sweden, If also sells insurance in Denmark, Norway, and Finland. Topdanmark is a Danish property and casualty insurer also focussing on personal lines insurance as well as agriculture and small and medium-sized enterprises. Hastings is a digital insurer that focuses on car, van, bike, and home insurance in the United Kingdom. Mandatum, a life insurer and wealth and asset manager, is currently being divested.

Sampo Oyj (Sampo Oyj) Headlines

From GuruFocus

Sampo Oyj's Dividend Analysis

By GuruFocus Research 10-26-2023