Saab AB (Saab AB) Long-Term Capital Lease Obligation : $205 Mil (As of Mar. 2024)

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What is Saab AB Long-Term Capital Lease Obligation?

Saab AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $205 Mil.

Saab AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($184 Mil) to Dec. 2023 ($203 Mil) and increased from Dec. 2023 ($203 Mil) to Mar. 2024 ($205 Mil).

Saab AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($227 Mil) to Dec. 2022 ($216 Mil) and declined from Dec. 2022 ($216 Mil) to Dec. 2023 ($203 Mil).

Saab AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Saab 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.

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Saab AB Long-Term Capital Lease Obligation Chart

Saab AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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226.67

250.51

226.74

215.84

202.58

Saab 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															201.79	197.05	184.31	202.58	204.87

Saab AB (OTCPK:SAABF) 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.

Saab AB Long-Term Capital Lease Obligation Related Terms

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Saab AB (Saab AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Saab AB (OTCPK:SAABF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SAABY:USA SAAB B:Sweden SAABB:Mexico 0GWL:UK SDV:Germany

Address

Olof Palmes gata 17, 5th Floor, Stockholm, SWE, SE-111 22

Website

https://www.saab.com

Saab AB supplies products and services for military, defense, and civil security. The company operates within six segments: Aeronautics, Dynamics, Surveillance, Support and Services, Industrial Products and Services, and Kockums. Aeronautics involves the manufacturing of defense and commercial aerial systems. Dynamics produces combat weapons and defense training and management systems. The Surveillance segment supplies security services. Support and Services offers solutions related to civil and military missions. IPS creates traffic management technology and aviation parts. Kockums offers solutions for naval missions. Over three quarters of its sales are from the defense sector. The company sells to multiple geographic regions, but over half of its sales come from Europe.

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