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Bilia AB (FRA:BHJC) Long-Term Capital Lease Obligation : €349 Mil (As of Mar. 2024)


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What is Bilia AB Long-Term Capital Lease Obligation?

Bilia AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €349 Mil.

Bilia AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€311 Mil) to Dec. 2023 (€339 Mil) and increased from Dec. 2023 (€339 Mil) to Mar. 2024 (€349 Mil).

Bilia AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€318 Mil) to Dec. 2022 (€321 Mil) and increased from Dec. 2022 (€321 Mil) to Dec. 2023 (€339 Mil).


Bilia AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bilia 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.

Bilia AB Long-Term Capital Lease Obligation Chart

Bilia 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 224.23 224.89 317.70 321.00 338.91

Bilia 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 341.55 324.75 311.16 338.91 349.31

Bilia AB  (FRA:BHJC) 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.

Bilia AB Long-Term Capital Lease Obligation Related Terms

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Bilia AB (FRA:BHJC) Business Description

Industry
Traded in Other Exchanges
Address
Norra Langebergsgatan 3, Vastra Frolunda, Box 9003, Gothenburg, SWE, SE-400 91
Bilia AB is a Scandinavian car retail company. The company is split into three business segments: Service, Car, and Fuel. The Car segment, which offers both new and used cars and transport vehicles, generates the majority of the company's revenue. Its lineup of car brands focuses on the medium price range of automobiles. The Sevice segment is composed of service and damage centers, spare parts, car washes, tyre and glass centers, and other accessory services. The Fuel segment includes fuel sales in Sweden. The company's geographical segments include Sweden, Norway, Germany, Luxembourg, and Belgium.

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