Epiroc AB (Epiroc AB) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)

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What is Epiroc AB Long-Term Capital Lease Obligation?

Epiroc AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

Epiroc AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($176 Mil) but then declined from Dec. 2023 ($176 Mil) to Mar. 2024 ($0 Mil).

Epiroc AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($168 Mil) to Dec. 2022 ($177 Mil) but then declined from Dec. 2022 ($177 Mil) to Dec. 2023 ($176 Mil).

Epiroc AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Epiroc 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.

Epiroc AB Long-Term Capital Lease Obligation Chart

Epiroc AB Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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173.87

172.42

168.10

177.49

176.26

Epiroc 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															-	-	-	176.26	-

Epiroc AB (OTCPK:EPOKY) 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.

Epiroc AB Long-Term Capital Lease Obligation Related Terms

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Epiroc AB (Epiroc AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Epiroc AB (OTCPK:EPOKY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

EPIPF:USA EPIAF:USA EPI A:Sweden EPI B:Sweden EPIAs:UK 3AD1:Germany

Address

Sickla Industrivag 19, Nacka, Stockholm, SWE, SE-131 54

Website

https://www.epirocgroup.com

Epiroc is a global manufacturer of niche equipment and services used by mining and infrastructure customers. The company's products include hard rock drilling equipment and excavation technologies for underground and surface mining, as well as servicing and spare parts. Approximately 69% of group sales are from the aftermarket, which includes services and the sale of spare parts and consumables. Epiroc was spun out of Atlas Copco and listed as a stand-alone company on the Nasdaq Stockholm in June 2018.

Epiroc AB (Epiroc AB) Headlines

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