American Tower (American Tower) Long-Term Capital Lease Obligation : $7,438.70 Mil (As of Dec. 2023)

View and export this data going back to 2015. Start your Free Trial

What is American Tower Long-Term Capital Lease Obligation?

American Tower's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7,438.70 Mil.

American Tower's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($7,587.40 Mil) to Sep. 2023 ($7,436.70 Mil) but then increased from Sep. 2023 ($7,436.70 Mil) to Dec. 2023 ($7,438.70 Mil).

American Tower's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($8,041.80 Mil) to Dec. 2022 ($7,591.90 Mil) and declined from Dec. 2022 ($7,591.90 Mil) to Dec. 2023 ($7,438.70 Mil).

American Tower Long-Term Capital Lease Obligation Historical Data

The historical data trend for American Tower'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.

American Tower Long-Term Capital Lease Obligation Chart

American Tower Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

6,510.40

6,884.40

8,041.80

7,591.90

7,438.70

American Tower 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															7,591.90	7,576.90	7,587.40	7,436.70	7,438.70

American Tower (NYSE:AMTpB.PFD) 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.

American Tower Long-Term Capital Lease Obligation Related Terms

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

American Tower (American Tower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Tower Corp (NYSE:AMTpB.PFD) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

AMT:USA AMT:Mexico 1AMT:Italy A0T:Germany T1OW34:Brazil AMTG:Austria

Address

116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116

Website

https://www.americantower.com

American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for roughly half of the company's total revenue in 2022. Outside the U.S., American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as an REIT.