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DCC (FRA:DCC) Long-Term Capital Lease Obligation : €312 Mil (As of Mar. 2023)


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What is DCC Long-Term Capital Lease Obligation?

DCC's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was €312 Mil.

DCC's quarterly Long-Term Capital Lease Obligation declined from Mar. 2022 (€327 Mil) to Sep. 2022 (€309 Mil) but then increased from Sep. 2022 (€309 Mil) to Mar. 2023 (€312 Mil).

DCC's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (€327 Mil) to Mar. 2023 (€312 Mil) but then increased from Mar. 2023 (€312 Mil) to Mar. 2024 (€333 Mil).


DCC Long-Term Capital Lease Obligation Historical Data

The historical data trend for DCC'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.

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DCC Long-Term Capital Lease Obligation Chart

DCC Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 290.60 304.80 326.79 312.15 333.00

DCC Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 322.09 326.79 309.05 312.15 333.00

DCC  (FRA:DCC) 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.

DCC Long-Term Capital Lease Obligation Related Terms

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DCC (FRA:DCC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » DCC PLC (FRA:DCC) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
Leopardstown Road, DCC House, Foxrock, Dublin, IRL, D18 PK00
DCC PLC is an international sales, marketing, and support services company operating across three divisions: Energy, Technology, and Healthcare. It generates maximum revenue from the Energy segment. The company's trading activities are principally in Europe with a growing presence in the United States and Asia.

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