The Swatch Group AG (The Swatch Group AG) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)

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

What is The Swatch Group AG Long-Term Capital Lease Obligation?

The Swatch Group AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.

The Swatch Group AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for The Swatch Group 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.

The Swatch Group AG Long-Term Capital Lease Obligation Chart

The Swatch Group 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

The Swatch Group 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															-	-	-	-	-

The Swatch Group AG (OTCPK:SWGAY) 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.

The Swatch Group AG Long-Term Capital Lease Obligation Related Terms

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

The Swatch Group AG (The Swatch Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Swatch Group AG (OTCPK:SWGAY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SWGNF:USA SWGAF:USA UHRNz:UK UHRz:UK 0QJV:UK UHRA:Germany UHRN:Switzerland UHR:Switzerland

Address

Seevorstadt 6, Bienne, CHE, 2501

Website

https://www.swatchgroup.com

Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (The Swatch Group AG) Headlines

From GuruFocus

David Herro Comments on Swatch Group AG

By Vera Yuan Vera Yuan • 07-09-2015

David Winters' Wintergreen Fund's Top Five Stocks

By Monica Wolfe Monica Wolfe • 09-01-2014

Tom Russo's Firm Cuts Mastercard, Berkshire

By Tiziano Frateschi Tiziano Frateschi • 08-31-2020

The Invesco European Fund Erases The Swatch Group From Its Portfolio

By Kyle Ferguson Kyle Ferguson • 07-22-2016

David Winters - Why Do You Like Swatch?

By Grass Hopper Grass Hopper • 04-02-2014

Investing Overseas: Look for a Cheap Currency and Long History of High Returns on Equity

By Geoff Gannon Geoff Gannon • 11-22-2016

Swatch's Stock Has Bottomed Out

By Holmes Osborne, CFA Holmes Osborne, CFA • 03-08-2017