Wacker Chemie AG (Wacker Chemie AG) Long-Term Capital Lease Obligation : $231 Mil (As of Dec. 2023)

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What is Wacker Chemie AG Long-Term Capital Lease Obligation?

Wacker Chemie AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $231 Mil.

Wacker Chemie AG's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($242 Mil) to Jun. 2023 ($0 Mil) but then increased from Jun. 2023 ($0 Mil) to Dec. 2023 ($231 Mil).

Wacker Chemie AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($144 Mil) to Dec. 2022 ($242 Mil) but then declined from Dec. 2022 ($242 Mil) to Dec. 2023 ($231 Mil).

Wacker Chemie AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wacker Chemie 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.

* Premium members only.

Wacker Chemie AG Long-Term Capital Lease Obligation Chart

Wacker Chemie AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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123.78

119.22

144.18

241.53

230.86

Wacker Chemie 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															144.18	-	241.53	-	230.86

Wacker Chemie AG (OTCPK:WKCMF) 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.

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Wacker Chemie AG (Wacker Chemie AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Wacker Chemie AG (OTCPK:WKCMF) » Definitions » Long-Term Capital Lease Obligation

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1WCH:Italy WCHd:UK 0NR4:UK WCH:Germany

Address

Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737

Website

https://www.wacker.com

Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (Wacker Chemie AG) Headlines

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