Essilorluxottica (Essilorluxottica) Long-Term Capital Lease Obligation : $2,616 Mil (As of Dec. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Essilorluxottica Long-Term Capital Lease Obligation?

Essilorluxottica's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,616 Mil.

Essilorluxottica's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($2,475 Mil) to Jun. 2023 ($2,531 Mil) and increased from Jun. 2023 ($2,531 Mil) to Dec. 2023 ($2,616 Mil).

Essilorluxottica's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($2,520 Mil) to Dec. 2022 ($2,475 Mil) but then increased from Dec. 2022 ($2,475 Mil) to Dec. 2023 ($2,616 Mil).

Essilorluxottica Long-Term Capital Lease Obligation Historical Data

The historical data trend for Essilorluxottica'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.

Essilorluxottica Long-Term Capital Lease Obligation Chart

Essilorluxottica Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,798.89

1,716.55

2,519.77

2,474.58

2,616.14

Essilorluxottica Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,519.77	2,456.66	2,474.58	2,530.88	2,616.14

Essilorluxottica (OTCPK:ESLOF) 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.

Essilorluxottica Long-Term Capital Lease Obligation Related Terms

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

Essilorluxottica (Essilorluxottica) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Essilorluxottica (OTCPK:ESLOF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ESLOY:USA EL:Italy ELp:UK 0OMK:UK EL:France ESL:Germany ESLC:Germany ESL:Germany ESL:Germany ESL:Germany EI:Austria

Address

147, Rue de Paris, Charenton-Le-Pont, Paris, FRA, 94220

Website

https://www.essilorluxottica.com

EssilorLuxottica is a combination of the leading manufacturer of premium frames and sunglasses and the leading manufacturer of optical lenses. Both companies are significantly larger than the next biggest player in their respective fields and command over 15% of the fragmented global eyewear market. The company has a broad geographical presence, with around 36% of sales in Europe, 47% in North America, and the rest in Asia and Latin America.

Essilorluxottica (Essilorluxottica) Headlines

From GuruFocus

Daniel Loeb Comments on EssilorLuxottica

By Sydnee Gatewood Sydnee Gatewood • 04-22-2020

Dan Loeb Buys David Herro Stock EssilorLuxottica

By Holly LaFon Holly LaFon • 08-26-2019

TOCQUEVILLE ASSET MANAGEMENT L.P. Cuts Portfolio Down to Size in 1st Quarter

By GuruFocus Research GuruFocus Editor • 05-19-2022

Chris Davis Comments on Essilor International SA

By Vera Yuan Vera Yuan • 09-09-2014

Daniel Loeb Comments on EssilorLuxottica

By Sydnee Gatewood Sydnee Gatewood • 10-24-2019

As Myopia Rates Rise in the U.S., Essilor of America Launches Initiative to Help Combat Growing Vision Issue

By PRNewswire PRNewswire • 09-20-2018