Koc Holding AS (Koc Holding AS) Long-Term Capital Lease Obligation : $222 Mil (As of Dec. 2023)

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What is Koc Holding AS Long-Term Capital Lease Obligation?

Koc Holding AS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $222 Mil.

Koc Holding AS's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($218 Mil) to Sep. 2023 ($212 Mil) but then increased from Sep. 2023 ($212 Mil) to Dec. 2023 ($222 Mil).

Koc Holding AS's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($195 Mil) to Dec. 2022 ($336 Mil) but then declined from Dec. 2022 ($336 Mil) to Dec. 2023 ($222 Mil).

Koc Holding AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Koc Holding AS'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.

Koc Holding AS Long-Term Capital Lease Obligation Chart

Koc Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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185.55

268.73

195.39

335.95

222.40

Koc Holding AS 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															335.95	227.38	217.50	211.53	222.40

Koc Holding AS (OTCPK:KHOLY) 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.

Koc Holding AS Long-Term Capital Lease Obligation Related Terms

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Koc Holding AS (Koc Holding AS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Koc Holding AS (OTCPK:KHOLY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

KCHOL:Turkey KRKA:Germany

Address

Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674

Website

http://www.koc.com.tr

Koc Holding is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The largest segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.

Koc Holding AS (Koc Holding AS) Headlines

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