USD 57 Mil as of today(2019-11-15). EXP Long-Term Capital Lease Obligation explanation, calculation, historical data and more" />EXP Long-Term Capital Lease Obligation | Eagle Materials - GuruFocus.com
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Eagle Materials Long-Term Capital Lease Obligation

: USD 57 Mil (As of Sep. 2019)
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Eagle Materials's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2019 was USD 57 Mil.

Eagle Materials's quarterly Long-Term Capital Lease Obligation increased from Mar. 2019 (USD 0 Mil) to Jun. 2019 (USD 56 Mil) and increased from Jun. 2019 (USD 56 Mil) to Sep. 2019 (USD 57 Mil).


Eagle Materials Long-Term Capital Lease Obligation Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Eagle Materials Annual Data
Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
Long-Term Capital Lease Obligation Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Eagle Materials Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.00 0.00 0.00 55.88 56.59

Eagle Materials  (NYSE:EXP) 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.

Eagle Materials Long-Term Capital Lease Obligation Related Terms


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