Danone (XPAR:BN) Long-Term Capital Lease Obligation : €687 Mil (As of Dec. 2023)

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What is Danone Long-Term Capital Lease Obligation?

Danone's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €687 Mil.

Danone's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€730 Mil) to Jun. 2023 (€698 Mil) and declined from Jun. 2023 (€698 Mil) to Dec. 2023 (€687 Mil).

Danone's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€767 Mil) to Dec. 2022 (€730 Mil) and declined from Dec. 2022 (€730 Mil) to Dec. 2023 (€687 Mil).

Danone Long-Term Capital Lease Obligation Historical Data

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

Danone Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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751.00

744.00

767.00

730.00

687.00

Danone 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															767.00	769.00	730.00	698.00	687.00

Danone (XPAR:BN) 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.

Danone Long-Term Capital Lease Obligation Related Terms

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Danone (XPAR:BN) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Danone SA (XPAR:BN) » Definitions » Long-Term Capital Lease Obligation

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GPDNF:USA DANOY:USA BNN:Mexico BNp:UK 0KFX:UK BSN:Germany BN:Austria

Address

17, Boulevard Haussmann, Paris, FRA, 75009

Website

https://www.danone.com

Following the acquisition of WhiteWave, Danone restructured the firm into three broad segments: essential dairy and plant-based products, which represents just over half of group revenue; specialised nutrition; and bottled water. The firm's portfolio includes well-known brands such as Danone/Dannon dairy products, Nutrilon and Cow & Gate infant nutrition, Evian and Volvic bottled water, as well as leading medical nutrition brands. Danone derives about 60% of its annual sales outside Western Europe, up from about just one third in 2001.