Coca Cola Icecek AS (Coca Cola Icecek AS) Long-Term Capital Lease Obligation : $15.97 Mil (As of Dec. 2023)

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What is Coca Cola Icecek AS Long-Term Capital Lease Obligation?

Coca Cola Icecek AS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15.97 Mil.

Coca Cola Icecek AS's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($18.54 Mil) to Sep. 2023 ($16.42 Mil) and declined from Sep. 2023 ($16.42 Mil) to Dec. 2023 ($15.97 Mil).

Coca Cola Icecek AS's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($19.43 Mil) to Dec. 2022 ($32.67 Mil) but then declined from Dec. 2022 ($32.67 Mil) to Dec. 2023 ($15.97 Mil).

Coca Cola Icecek AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Coca Cola Icecek AS'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.

Coca Cola Icecek AS Long-Term Capital Lease Obligation Chart

Coca Cola Icecek AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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29.58

19.43

32.67

15.97

Coca Cola Icecek AS 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															32.67	20.21	18.54	16.42	15.97

Coca Cola Icecek AS (GREY:COCAL) 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.

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Coca Cola Icecek AS (Coca Cola Icecek AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca Cola Icecek AS (GREY:COCAL) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

COLZF:USA CCOLA:Turkey

Address

OSB Mahallesi Deniz Feneri Sokak, No: 4 Dudullu - Umraniye, Istanbul, TUR, 34776

Website

https://www.cci.com.tr

Coca Cola Icecek AS is the exclusive bottler and distributor of Coca-Cola-branded sparkling and still beverages in Turkey, Pakistan, Central Asia, and the Middle East. Coca-Cola's brands include Coca-Cola, Fanta, Sprite, Cappy, Powerade, and Fuse. The company also has the exclusive right to distribute the Schweppes brand in Turkey. The company's revenue is split roughly evenly between sales in Turkey and sales outside of Turkey. The controlling shareholder of the company is Anadolu Efes Biracilik ve Malt Sanayi.

Coca Cola Icecek AS (Coca Cola Icecek AS) Headlines

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