UPM-Kymmene Oyj (UPM-Kymmene Oyj) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)

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What is UPM-Kymmene Oyj Long-Term Capital Lease Obligation?

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

UPM-Kymmene Oyj's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($667 Mil) but then declined from Dec. 2023 ($667 Mil) to Mar. 2024 ($0 Mil).

UPM-Kymmene Oyj's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($569 Mil) to Dec. 2022 ($618 Mil) and increased from Dec. 2022 ($618 Mil) to Dec. 2023 ($667 Mil).

UPM-Kymmene Oyj Long-Term Capital Lease Obligation Historical Data

The historical data trend for UPM-Kymmene Oyj'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.

UPM-Kymmene Oyj Long-Term Capital Lease Obligation Chart

UPM-Kymmene Oyj Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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560.00

570.56

569.49

617.59

667.39

UPM-Kymmene Oyj 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															-	-	-	667.39	-

UPM-Kymmene Oyj (OTCPK:UPMKF) 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.

UPM-Kymmene Oyj Long-Term Capital Lease Obligation Related Terms

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UPM-Kymmene Oyj (UPM-Kymmene Oyj) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » UPM-Kymmene Oyj (OTCPK:UPMKF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

UPMMY:USA UPMh:UK 0NV5:UK UPM:Finland RPL:Germany

Address

Alvar Aallon katu 1, P.O. Box 380, Helsinki, FIN, FI-00100

Website

https://www.upm.com

UPM-Kymmene Oyj is a Finnish paper and biomaterials company. The company produces products related to the forestry industry including paper, pulp, and plywood. UPM is also a major electricity generator in Finland and is one of the global producers of self-adhesive labeling materials. It delivers responsible solutions and innovation for a future beyond fossils across six business areas: UPM Fibres, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Communication Papers, and UPM Plywood. Geographically, the company has operational footprints in Sweden, Finland, the Netherlands, and other regions.

UPM-Kymmene Oyj (UPM-Kymmene Oyj) Headlines

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