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Carrier Global (BSP:C1RR34) Long-Term Capital Lease Obligation : R$2,515 Mil (As of Mar. 2024)


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What is Carrier Global Long-Term Capital Lease Obligation?

Carrier Global's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$2,515 Mil.

Carrier Global's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (R$2,296 Mil) to Dec. 2023 (R$1,916 Mil) but then increased from Dec. 2023 (R$1,916 Mil) to Mar. 2024 (R$2,515 Mil).

Carrier Global's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (R$2,980 Mil) to Dec. 2022 (R$2,775 Mil) and declined from Dec. 2022 (R$2,775 Mil) to Dec. 2023 (R$1,916 Mil).


Carrier Global Long-Term Capital Lease Obligation Historical Data

The historical data trend for Carrier Global'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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Carrier Global Long-Term Capital Lease Obligation Chart

Carrier Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 2,799.27 3,302.90 2,980.13 2,774.82 1,915.82

Carrier Global 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 2,635.55 2,354.05 2,296.50 1,915.82 2,514.80

Carrier Global  (BSP:C1RR34) 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.

Carrier Global Long-Term Capital Lease Obligation Related Terms

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Carrier Global (BSP:C1RR34) Business Description

Industry
Traded in Other Exchanges
Address
13995 Pasteur Boulevard, Palm Beach Gardens, FL, USA, 33418
Carrier Global manufactures heating, ventilation, and air conditioning, refrigeration, and fire and security products. The HVAC business serves both residential and commercial markets (HVAC segment sales mix is 60% commercial and 40% residential). Carrier's refrigeration segment consists of its transportation refrigeration, Sensitech supply chain monitoring, and commercial refrigeration businesses. The firm's fire and security business manufactures fire detection and suppression, access controls, and intrusion detection products. In April 2023, Carrier announced that it plans to divest its fire and security and commercial refrigeration businesses. The firm also announced the pending acquisition of Germany-based Viessmann for approximately $13 billion.

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