GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MTU Aero Engines AG (MIL:1MTX) » Definitions » Long-Term Capital Lease Obligation

MTU Aero Engines AG (MIL:1MTX) Long-Term Capital Lease Obligation : €140 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is MTU Aero Engines AG Long-Term Capital Lease Obligation?

MTU Aero Engines AG's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €140 Mil.

MTU Aero Engines AG's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (€104 Mil) to Dec. 2023 (€127 Mil) and increased from Dec. 2023 (€127 Mil) to Jun. 2024 (€140 Mil).

MTU Aero Engines AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€108 Mil) to Dec. 2022 (€109 Mil) and increased from Dec. 2022 (€109 Mil) to Dec. 2023 (€127 Mil).


MTU Aero Engines AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for MTU Aero Engines AG'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.

MTU Aero Engines AG Long-Term Capital Lease Obligation Chart

MTU Aero Engines AG 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 103.00 132.00 108.00 109.00 127.00

MTU Aero Engines AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 100.00 109.00 104.00 127.00 140.00

MTU Aero Engines AG  (MIL:1MTX) 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.

MTU Aero Engines AG Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of MTU Aero Engines AG's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


MTU Aero Engines AG Business Description

Address
Dachauer Strasse 665, Munich, BY, DEU, 80995
MTU Aero Engines specializes in the development and production of commercial and military aircraft engine components and spare parts. It also performs maintenance, repair, and overhaul services for aircraft engines. More than 30% of commercial aircraft have MTU technology on board. MTU is also a major assembler of aircraft engines. The commercial and military engine segment develops and manufactures engine components for new engine production and spare parts for the aftermarket. The commercial maintenance business reports MTU's MRO services.

MTU Aero Engines AG Headlines

No Headlines