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Acciona (LTS:0H4K) Long-Term Capital Lease Obligation : €721 Mil (As of Dec. 2023)


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What is Acciona Long-Term Capital Lease Obligation?

Acciona's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €721 Mil.

Acciona's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€475 Mil) to Jun. 2023 (€652 Mil) and increased from Jun. 2023 (€652 Mil) to Dec. 2023 (€721 Mil).

Acciona's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€469 Mil) to Dec. 2022 (€475 Mil) and increased from Dec. 2022 (€475 Mil) to Dec. 2023 (€721 Mil).


Acciona Long-Term Capital Lease Obligation Historical Data

The historical data trend for Acciona'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.

Acciona Long-Term Capital Lease Obligation Chart

Acciona 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 371.84 438.31 469.00 475.00 721.00

Acciona Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 469.00 480.00 475.00 652.00 721.00

Acciona  (LTS:0H4K) 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.

Acciona Long-Term Capital Lease Obligation Related Terms

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Acciona (LTS:0H4K) Business Description

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Avenida de Europa 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108
Acciona SA is an engineering and construction firm providing sustainable solutions for infrastructure and renewable energy projects across the world. It works in various phases, from design and construction to operations and maintenance. The company operates two business divisions energy and infrastructure. The infrastructure division encompasses construction, water treatment, industrial, and service business lines. Projects may be granted under concessions from governments or acquired independently when Acciona identifies an opportunity. Energy developments focus on renewable technologies and primarily revolve around wind, solar, hydro, and biomass. The company has a presence on five continents and utilizes an organizational structure to ensure availability.

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