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Wienerberger AG (Wienerberger AG) Long-Term Capital Lease Obligation : $221 Mil (As of Dec. 2023)


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What is Wienerberger AG Long-Term Capital Lease Obligation?

Wienerberger AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $221 Mil.

Wienerberger AG's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($221 Mil).

Wienerberger AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($218 Mil) to Dec. 2022 ($204 Mil) but then increased from Dec. 2022 ($204 Mil) to Dec. 2023 ($221 Mil).


Wienerberger AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wienerberger 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.

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Wienerberger AG Long-Term Capital Lease Obligation Chart

Wienerberger 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 195.34 214.45 218.03 203.55 221.11

Wienerberger AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 203.55 - - - 221.11

Wienerberger AG  (OTCPK:WBRBY) 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.

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Wienerberger AG (Wienerberger AG) Business Description

Address
Wienerbergerplatz 1, Vienna, AUT, 1100
Wienerberger AG manufactures and sells building materials to the residential construction industry. The company's product portfolio includes clay blocks, facing bricks, roof tiles, plastic and ceramic pipes, and concrete pavers, among others. The business is divided into three operating segments based on the product and geographic locations: Wienerberger Building Solutions, Wienerberger Piping Solutions, and North America. A vast majority of the company's revenue is generated by the Wienerberger Building Solutions segment, which is engaged in providing ceramic solutions for building envelope and includes concrete paver activities. The company earns most of its revenue in Europe.

Wienerberger AG (Wienerberger AG) Headlines

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