GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Alm Brand A/S (LTS:0DJI) » Definitions » Long-Term Capital Lease Obligation

Alm Brand A/S (LTS:0DJI) Long-Term Capital Lease Obligation : kr0 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Alm Brand A/S Long-Term Capital Lease Obligation?

Alm Brand A/S's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil.

Alm Brand A/S's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr796 Mil) but then declined from Dec. 2023 (kr796 Mil) to Mar. 2024 (kr0 Mil).

Alm Brand A/S's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr134 Mil) to Dec. 2022 (kr957 Mil) but then declined from Dec. 2022 (kr957 Mil) to Dec. 2023 (kr796 Mil).


Alm Brand A/S Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alm Brand A/S'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.

Alm Brand A/S Long-Term Capital Lease Obligation Chart

Alm Brand A/S 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 176.00 127.00 134.00 957.00 796.00

Alm Brand A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 796.00 -

Alm Brand A/S  (LTS:0DJI) 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.

Alm Brand A/S Long-Term Capital Lease Obligation Related Terms

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


Alm Brand A/S (LTS:0DJI) Business Description

Industry
Traded in Other Exchanges
Address
Midtermolen 7, Copenhagen, DNK, DK-2100
Alm Brand A/S is a Danish investment holding company that its subsidiaries operate within the financial services, non-life insurance, life insurance, and banking industries. The non-life insurance segment exclusively services clients ranging from private customers to small and medium-size enterprises, among others. The life insurance segment offers life insurance, pension savings, and pension insurance. The banking segment offers services such as bond, equity, currency trading, asset servicing, leasing, and private banking to private and commercial clients. The non-life insurance business is the core business of the firm and generates a vast majority of its income.

Alm Brand A/S (LTS:0DJI) Headlines

No Headlines