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Tele2 AB (Tele2 AB) Long-Term Capital Lease Obligation : $272 Mil (As of Mar. 2024)


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What is Tele2 AB Long-Term Capital Lease Obligation?

Tele2 AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $272 Mil.

Tele2 AB's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($337 Mil) to Dec. 2023 ($303 Mil) and declined from Dec. 2023 ($303 Mil) to Mar. 2024 ($272 Mil).

Tele2 AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($472 Mil) to Dec. 2022 ($413 Mil) and declined from Dec. 2022 ($413 Mil) to Dec. 2023 ($303 Mil).


Tele2 AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tele2 AB'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.

Tele2 AB Long-Term Capital Lease Obligation Chart

Tele2 AB 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 477.19 503.28 471.86 413.28 303.29

Tele2 AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 369.69 353.98 337.13 303.29 271.53

Tele2 AB  (OTCPK:TLTZY) 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.

Tele2 AB Long-Term Capital Lease Obligation Related Terms

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Tele2 AB (Tele2 AB) Business Description

Address
Torshamnsgatan 17, P.O. Box 462, Kista, Stockholm, SWE, 16494
Tele2 is the number two telecom operator by market share in Sweden, after Telia. Tele2 was a pure mobile operator until 2018 when it acquired Com Hem, Sweden's largest cable company. Tele2 is also present in the Baltic markets, where it runs a pure mobile business. During the past decade, Tele2 has shown very good cost discipline and a healthy dividend policy, which we expect to remain.