GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex SAB de CV (NYSE:CX) » Definitions » Long-Term Capital Lease Obligation
中文

CemexB de CV (CemexB de CV) Long-Term Capital Lease Obligation

: $0 Mil (As of Sep. 2023)
View and export this data going back to 1999. Start your Free Trial

CemexB de CV's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0 Mil.

CemexB de CV's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($911 Mil) to Dec. 2022 ($918 Mil) and increased from Dec. 2022 ($918 Mil) to Dec. 2023 ($986 Mil).


CemexB de CV Long-Term Capital Lease Obligation Historical Data

The historical data trend for CemexB de CV'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.

CemexB de CV 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 1,044.00 967.00 911.00 918.00 986.00

CemexB de CV 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 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 918.00 - - - 986.00

CemexB de CV  (NYSE:CX) 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.

CemexB de CV Long-Term Capital Lease Obligation Related Terms

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


CemexB de CV (CemexB de CV) Business Description

Industry
Address
Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265
Cemex SAB de CV is a ready-mix concrete company and one of the aggregates companies in the world. In 2021, the company sold roughly 67 million tons of cement, 49.2 million cubic meters of ready-mix, and 135 million tons of aggregates. As of Dec. 31, 2021, the company had an annual cement production capacity of roughly 88.5 million tons.