Symrise AG (WBO:SY1) Long-Term Capital Lease Obligation : €152 Mil (As of Dec. 2023)

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What is Symrise AG Long-Term Capital Lease Obligation?

Symrise AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €152 Mil.

Symrise AG's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€128 Mil) to Jun. 2023 (€134 Mil) and increased from Jun. 2023 (€134 Mil) to Dec. 2023 (€152 Mil).

Symrise AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€83 Mil) to Dec. 2022 (€128 Mil) and increased from Dec. 2022 (€128 Mil) to Dec. 2023 (€152 Mil).

Symrise AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Symrise AG'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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Symrise AG Long-Term Capital Lease Obligation Chart

Symrise AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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75.38

77.17

83.06

127.61

152.25

Symrise AG 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															83.06	118.02	127.61	133.71	152.25

Symrise AG (WBO:SY1) 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.

Symrise AG Long-Term Capital Lease Obligation Related Terms

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Symrise AG (WBO:SY1) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Symrise AG (WBO:SY1) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SYIEY:USA SYIEF:USA SY1:Mexico SY1d:UK 0G6T:UK SY1:Germany

Address

Muhlenfeldstrasse 1, Holzminden, ST, DEU, 37603

Website

https://www.symrise.com

Symrise is a global supplier of ingredients for fragrances and flavourings across the food, beverage, household products, and pharmaceutical industries. With an estimated 12% market share, it is the world's fourth-largest supplier of fragrances and flavourings. The company was created after a 2003 merger of two companies that originated in 1874 and 1919. With 9,000 employees, Symrise produces 30,000 products sourced from 10,000 mostly natural raw materials such as vanilla, citrus, blossoms, and plant or animal materials for more than 6,000 customers.

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