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Arjo AB (Arjo AB) Long-Term Capital Lease Obligation : $78 Mil (As of Mar. 2024)


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What is Arjo AB Long-Term Capital Lease Obligation?

Arjo AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $78 Mil.

Arjo AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($73 Mil) to Dec. 2023 ($78 Mil) and increased from Dec. 2023 ($78 Mil) to Mar. 2024 ($78 Mil).

Arjo AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($91 Mil) to Dec. 2022 ($78 Mil) and declined from Dec. 2022 ($78 Mil) to Dec. 2023 ($78 Mil).


Arjo AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arjo 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.

* Premium members only.

Arjo AB Long-Term Capital Lease Obligation Chart

Arjo AB 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 93.83 95.90 91.31 77.95 77.60

Arjo 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 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 76.94 77.07 73.43 77.60 77.61

Arjo AB  (OTCPK:ARRJF) 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.

Arjo AB Long-Term Capital Lease Obligation Related Terms

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Arjo AB (Arjo AB) Business Description

Industry
Traded in Other Exchanges
Address
Hans Michelsensgatan 10, Malmo, SWE, SE-211 20
Arjo AB is a supplier of medical devices, services, and solutions in Sweden. It serves its services to private and public institutions with acute care and long-term care. The company's offering includes products and solutions for patient handling, hygiene, disinfection, medical beds, therapeutic surfaces, venous thromboembolism (VTE) prevention and diagnostics. It also offers services such as training in connection with product sales. Geographically, it derives a majority of revenue from Western Europe and also has a presence in North America; and the Rest of the World.

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