Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Long-Term Capital Lease Obligation : $2,241 Mil (As of Dec. 2023)

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What is Bayerische Motoren Werke AG Long-Term Capital Lease Obligation?

Bayerische Motoren Werke AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,241 Mil.

Bayerische Motoren Werke 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 ($2,241 Mil).

Bayerische Motoren Werke AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($2,198 Mil) to Dec. 2022 ($2,363 Mil) but then declined from Dec. 2022 ($2,363 Mil) to Dec. 2023 ($2,241 Mil).

Bayerische Motoren Werke AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bayerische Motoren Werke 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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Bayerische Motoren Werke AG Long-Term Capital Lease Obligation Chart

Bayerische Motoren Werke AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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2,612.22

2,456.20

2,197.74

2,363.35

2,241.00

Bayerische Motoren Werke 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															2,363.35	-	-	-	2,241.00

Bayerische Motoren Werke AG (OTCPK:BMWYY) 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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Bayerische Motoren Werke AG (Bayerische Motoren Werke AG) Business Description

Industry

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BYMOF:USA BAMXF:USA BMW:Romania BMW:Poland BMWM5N:Mexico 1BMW3:Italy BMW:Italy BMW:Hungary BMW3d:UK BMWd:UK 0O0V:UK 0O0U:UK BMW:Germany BMWG:Austria BMW:Austria

Address

Petuelring 130, Munich, BY, DEU, 80809

Website

https://www.bmwgroup.com

In addition to being one of the world's leading premium light-vehicle manufacturers, BMW Group produces BMW motorcycles and provides financial services. Premium light-vehicle brands include BMW, Mini, and ultraluxury brand Rolls-Royce. Operations include 31 production facilities in 15 countries, research and development facilities in 17 countries, and a sales network reaching over 140 countries. In 2022, worldwide sales volume roughly 2.4 million automobiles and about 216,000 motorcycles.