ESCO Technologies (ESCO Technologies) Long-Term Capital Lease Obligation

: $35.7 Mil (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

ESCO Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $35.7 Mil.

ESCO Technologies's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($36.8 Mil) to Sep. 2023 ($36.6 Mil) and declined from Sep. 2023 ($36.6 Mil) to Dec. 2023 ($35.7 Mil).

ESCO Technologies's annual Long-Term Capital Lease Obligation declined from Sep. 2021 ($28.0 Mil) to Sep. 2022 ($24.9 Mil) but then increased from Sep. 2022 ($24.9 Mil) to Sep. 2023 ($36.6 Mil).

ESCO Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for ESCO Technologies'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.

ESCO Technologies Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

16.79

28.03

24.85

36.55

ESCO Technologies 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																38.35	37.66	36.82	36.55	35.71

ESCO Technologies (NYSE:ESE) 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.

ESCO Technologies Long-Term Capital Lease Obligation Related Terms

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

ESCO Technologies (ESCO Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » ESCO Technologies Inc (NYSE:ESE) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ET7:Germany

Address

9900A Clayton Road, Saint Louis, MO, USA, 63124-1186

Website

https://www.escotechnologies.com

ESCO Technologies Inc sells engineered products and systems for utility, industrial, aerospace, and commercial applications. The firm operates in three segments: Aerospace and Defense, Utility Solutions Group (USG) and RF Shielding and Test (Test). The Aerospace and Defense segment designs and manufactures specialty filtration and naval products. The USG segment provides diagnostic testing solutions. The Test segment provides its customers with the ability to identify, measure and contain magnetic, electromagnetic and acoustic energy.

Executives

Bryan H Sayler	director, officer: CEO & President	ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Christopher L Tucker	officer: Sr. Vice President & CFO	ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
David M Schatz	officer: Sr. VP, Sec'y & Gen. Counsel	ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Janice L. Hess	director	ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Gloria L Valdez	director	ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, SAINT LOUIS MO 63124
Larry W Solley	director	C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST LOUIS MO 63124
James M Stolze	director	C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST LOUIS MO 63124
Alyson S Barclay	officer: V.P., Secretary & Gen. Coun.	C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Gary E Muenster	officer: VP CFO	C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
Patrick M Dewar	director	6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Vinod M Khilnani	director	905 WEST BLVD NORTH, ELKHART IN 46514
Robert J Phillippy	director
Leon J Olivier	director	EVERSOURCE ENERGY, 56 PROSPECT STREET, HARTFORD CT 06103
James D Woods	director	C/O ESCO TECHNOLOGIES INC, 9900 A CLAYTON ROAD, ST. LOUIS MO 63124
James M Mcconnell	director	C/O ESCO TECHNOLOGIES INC., 9900 A CLAYTON ROAD, ST. LOUIS MO 63124