El Sewedy Electric Co (CAI:SWDY) Long-Term Capital Lease Obligation : E£580 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

What is El Sewedy Electric Co Long-Term Capital Lease Obligation?

El Sewedy Electric Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was E£580 Mil.

El Sewedy Electric Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (E£616 Mil) to Sep. 2023 (E£612 Mil) and declined from Sep. 2023 (E£612 Mil) to Dec. 2023 (E£580 Mil).

El Sewedy Electric Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (E£104 Mil) to Dec. 2022 (E£509 Mil) and increased from Dec. 2022 (E£509 Mil) to Dec. 2023 (E£580 Mil).

El Sewedy Electric Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for El Sewedy Electric Co'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.

El Sewedy Electric Co Long-Term Capital Lease Obligation Chart

El Sewedy Electric Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

104.11

508.82

579.74

El Sewedy Electric Co 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															508.82	-	615.94	611.79	579.74

El Sewedy Electric Co (CAI:SWDY) 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.

El Sewedy Electric Co Long-Term Capital Lease Obligation Related Terms

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

El Sewedy Electric Co (CAI:SWDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » El Sewedy Electric Co (CAI:SWDY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot No. 27, 1st District, 5th Settlement, P.O.Box 311, New Cairo, EGY, 11853

Website

http://www.elsewedyelectric.com

El Sewedy Electric Co is an Egypt based company that is engaged in the machinery business sector. The company's operating segment includes Cables, Constructions and Electricity products. The Cables segment is engaged in manufacturing, marketing and trading the cables. The constructions segment executes construction related to power generation units and electricity distribution networks. Electricity products segment manufactures, electric meters, transformers, electric joints, and market and trade the products. Geographically, it derives most of the revenue from Egypt.

El Sewedy Electric Co (CAI:SWDY) Headlines

No Headlines