Telefonica Brasil (Telefonica Brasil) Long-Term Capital Lease Obligation : $1,984 Mil (As of Dec. 2023)

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What is Telefonica Brasil Long-Term Capital Lease Obligation?

Telefonica Brasil's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,984 Mil.

Telefonica Brasil's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($1,532 Mil) to Sep. 2023 ($1,800 Mil) and increased from Sep. 2023 ($1,800 Mil) to Dec. 2023 ($1,984 Mil).

Telefonica Brasil's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($1,472 Mil) to Dec. 2022 ($1,626 Mil) and increased from Dec. 2022 ($1,626 Mil) to Dec. 2023 ($1,984 Mil).

Telefonica Brasil Long-Term Capital Lease Obligation Historical Data

The historical data trend for Telefonica Brasil'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.

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Telefonica Brasil Long-Term Capital Lease Obligation Chart

Telefonica Brasil Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,744.89

1,663.21

1,471.75

1,626.08

1,983.54

Telefonica Brasil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,662.33	1,626.08	1,532.45	1,800.30	1,983.54

Telefonica Brasil (NYSE:VIV) 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.

Telefonica Brasil Long-Term Capital Lease Obligation Related Terms

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Telefonica Brasil (Telefonica Brasil) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Telefonica Brasil SA (NYSE:VIV) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TSPA:Germany VIVT3:Brazil VIV:Argentina

Address

Avenida Engenheiro Luis Carlos Berrini, 1376, 32nd Floor, Sao Paulo, SP, BRA, 04571-936

Website

https://www.telefonica.com.br

Telefonica Brasil, known as Vivo, is the largest wireless carrier in Brazil with 98 million customers, equal to about 40% market share. The firm is strongest in the postpaid business, where it has 60 million customers, about 42% share of this market. It is the incumbent fixed-line telephone operator in Sao Paulo state and, following the acquisition of GVT, the owner of an extensive fiber network across the country. The firm provides internet access to 6 million households on this network. Following its parent Telefonica's footsteps, Vivo is cross-selling fixed-line and wireless services as a converged offering. The firm also sells pay-tv services to its fixed-line customers.