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General Dynamics (FRA:GDX) Long-Term Capital Lease Obligation

: €1,234 Mil (As of Mar. 2023)
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General Dynamics's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was €1,234 Mil.

General Dynamics's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (€1,347 Mil) to Dec. 2022 (€1,256 Mil) and declined from Dec. 2022 (€1,256 Mil) to Mar. 2023 (€1,234 Mil).

General Dynamics's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (€1,154 Mil) to Dec. 2021 (€1,189 Mil) and increased from Dec. 2021 (€1,189 Mil) to Dec. 2022 (€1,256 Mil).


General Dynamics Long-Term Capital Lease Obligation Historical Data

The historical data trend for General Dynamics'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.

General Dynamics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1,125.90 1,154.09 1,188.56 1,255.52

General Dynamics Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Long-Term Capital Lease Obligation 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 Premium Member Only Premium Member Only Premium Member Only 1,222.17 1,290.34 1,347.34 1,255.52 1,233.81

General Dynamics  (FRA:GDX) 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.

General Dynamics Long-Term Capital Lease Obligation Related Terms

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General Dynamics (FRA:GDX) Business Description

General Dynamics logo
Address
11011 Sunset Hills Road, Reston, VA, USA, 20190
General Dynamics is a defense contractor and business jet manufacturer. The firm's segments include aerospace, combat systems, marine, and technologies. General Dynamics' aerospace segment creates Gulfstream business jets. Combat system produces land-based combat vehicles, such as the M1 Abrams tank. The marine subsegment creates nuclear-powered submarines, among other things. The technologies segment contains two main units, an IT business that primarily serves the government market and a mission systems business that focuses on products that provide command, control, computers, intelligence, surveillance, and reconnaissance capabilities to the military.

General Dynamics (FRA:GDX) Headlines

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