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Pargesa Holding (XSWX:PARG) Long-Term Capital Lease Obligation : CHF0 Mil (As of Jun. 2020)


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What is Pargesa Holding Long-Term Capital Lease Obligation?

Pargesa Holding's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2020 was CHF0 Mil.

Pargesa Holding's quarterly Long-Term Capital Lease Obligation increased from Jun. 2019 (CHF0 Mil) to Dec. 2019 (CHF381 Mil) but then declined from Dec. 2019 (CHF381 Mil) to Jun. 2020 (CHF0 Mil).

Pargesa Holding's annual Long-Term Capital Lease Obligation declined from Dec. 2017 (CHF2 Mil) to Dec. 2018 (CHF2 Mil) but then increased from Dec. 2018 (CHF2 Mil) to Dec. 2019 (CHF381 Mil).


Pargesa Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pargesa Holding'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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Pargesa Holding Long-Term Capital Lease Obligation Chart

Pargesa Holding Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.40 2.00 2.10 1.90 380.90

Pargesa Holding Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 - 1.90 - 380.90 -

Pargesa Holding  (XSWX:PARG) 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.

Pargesa Holding Long-Term Capital Lease Obligation Related Terms

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Pargesa Holding (XSWX:PARG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11, Grand Rue, Geneva, CHE, 1204
Pargesa Holding is a holding company. The company owns 50% of Groupe Bruxelles Lambert, a traded holding company with sizable investments in large European industrial firms such as LafargeHolcim, SGS, Imerys, and Adidas.

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