Regal Rexnord (Regal Rexnord) Long-Term Capital Lease Obligation : $132 Mil (As of Dec. 2023)

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What is Regal Rexnord Long-Term Capital Lease Obligation?

Regal Rexnord's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $132 Mil.

Regal Rexnord's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($145 Mil) to Sep. 2023 ($129 Mil) but then increased from Sep. 2023 ($129 Mil) to Dec. 2023 ($132 Mil).

Regal Rexnord's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($90 Mil) to Dec. 2022 ($88 Mil) but then increased from Dec. 2022 ($88 Mil) to Dec. 2023 ($132 Mil).

Regal Rexnord Long-Term Capital Lease Obligation Historical Data

The historical data trend for Regal Rexnord'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.

Regal Rexnord Long-Term Capital Lease Obligation Chart

Regal Rexnord Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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51.00

55.10

89.50

88.10

132.20

Regal Rexnord 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															88.10	123.20	145.10	128.90	132.20

Regal Rexnord (NYSE:RRX) 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.

Regal Rexnord Long-Term Capital Lease Obligation Related Terms

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Regal Rexnord (Regal Rexnord) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Regal Rexnord Corp (NYSE:RRX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

RRX:Mexico RB8:Germany

Address

200 State Street, Beloit, WI, USA, 53511

Website

https://www.regalrexnord.com

Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions and Motion Control Solutions.

Executives

Theodore D Crandall	director	C/O ROCKWELL AUTOMATION INC, 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Timothy A. Dickson	officer: SVP & Chief Digi & Info Ofc*	111 WEST MICHIGAN STREET, MILWAUKEE WI 53203
John Avampato	officer: VP & Chief Information Officer	200 STATE STREET, BELOIT WI 53511
Brooke Lang	officer: EVP and President, PES*	2090 BLAIRMONT DR, PITTSBURGH PA 15241
Michael P Doss	director	814 LIVINGSTON COURT, MARIETTA GA 30067
Alexander P Scarpelli	officer: VP, Corp. Controller and CAO*	200 STATE STREET, BELOIT WI 53511
John C Kunze	officer: Segment President*	200 STATE STREET, BELOIT WI 53511
Curtis W Stoelting	director	C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Christopher L Doerr	director
Kevin J Zaba	officer: President, Motion Control Sol.	C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Daniel J Klun	officer: VP, Corporate Controller	200 STATE STREET, BELOIT WI 53511
Robin A Walker-lee	director	C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Scott Douglas Brown	officer: Segment President*	200 STATE STREET, BELOIT WI 53511
Dean A Foate	director
Eric S Mcginnis	officer: Segment President*	200 STATE STREET, BELOIT WI 53511