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

View and export this data going back to 2008. Start your Free Trial

What is Rheinmetall AG Long-Term Capital Lease Obligation?

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

Rheinmetall AG's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($246 Mil) but then declined from Dec. 2023 ($246 Mil) to Mar. 2024 ($0 Mil).

Rheinmetall AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($205 Mil) to Dec. 2022 ($182 Mil) but then increased from Dec. 2022 ($182 Mil) to Dec. 2023 ($246 Mil).

Rheinmetall AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rheinmetall 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.

Rheinmetall AG Long-Term Capital Lease Obligation Chart

Rheinmetall 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

191.11

251.83

204.52

182.20

246.46

Rheinmetall AG 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															-	-	-	246.46	-

Rheinmetall AG (OTCPK:RNMBY) 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.

Rheinmetall AG Long-Term Capital Lease Obligation Related Terms

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

Rheinmetall AG (Rheinmetall AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Rheinmetall AG (OTCPK:RNMBY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

RNMBF:USA 1RHM:Italy RHMd:UK 0NI1:UK RHM:Germany RHM:Austria

Address

Rheinmetall Platz 1, Dusseldorf, NW, DEU, 40476

Website

https://www.rheinmetall.com

Rheinmetall is an international group active in various markets with leading technological products and services. The sales focus is on the security technology and mobility segments. Since February 2021, the group structure has been made up of five divisions—vehicle systems, weapon and ammunition, electronic solutions, sensors and actuators, and materials and trade. The vehicle systems, weapon and ammunition, and electronic solutions divisions are among the defense and security industry's leading suppliers of innovative products to German and international defense forces. The sensors and actuators and materials and trade divisions' core area of expertise is the reduction of emissions, pollutants, and fuel consumption.