IDEX (FRA:ID7) Long-Term Capital Lease Obligation

: €90 Mil (As of Dec. 2023)

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IDEX's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €90 Mil.

IDEX's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€94 Mil) to Sep. 2023 (€91 Mil) and declined from Sep. 2023 (€91 Mil) to Dec. 2023 (€90 Mil).

IDEX's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€83 Mil) to Dec. 2022 (€91 Mil) but then declined from Dec. 2022 (€91 Mil) to Dec. 2023 (€90 Mil).

IDEX Long-Term Capital Lease Obligation Historical Data

The historical data trend for IDEX'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.

IDEX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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62.94

77.52

82.66

91.19

89.96

IDEX 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															91.19	92.75	93.78	90.80	89.96

IDEX (FRA:ID7) 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.

IDEX Long-Term Capital Lease Obligation Related Terms

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IDEX (FRA:ID7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » IDEX Corp (FRA:ID7) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

IEX:USA IEX:Mexico

Address

3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062

Website

https://www.idexcorp.com

Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.2 billion in revenue and $763 million in adjusted operating income in 2022.

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