Clariant AG (XSWX:CLN) Long-Term Capital Lease Obligation : CHF136 Mil (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Clariant AG Long-Term Capital Lease Obligation?

Clariant AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF136 Mil.

Clariant AG's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (CHF195 Mil) to Jun. 2023 (CHF198 Mil) but then declined from Jun. 2023 (CHF198 Mil) to Dec. 2023 (CHF136 Mil).

Clariant AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (CHF233 Mil) to Dec. 2022 (CHF195 Mil) and declined from Dec. 2022 (CHF195 Mil) to Dec. 2023 (CHF136 Mil).

Clariant AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Clariant 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.

Clariant AG Long-Term Capital Lease Obligation Chart

Clariant AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

172.00

159.00

233.00

195.00

136.00

Clariant 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															233.00	220.00	195.00	198.00	136.00

Clariant AG (XSWX:CLN) 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.

Clariant AG Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Clariant AG's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Clariant AG (XSWX:CLN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Clariant AG (XSWX:CLN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CLZNY:USA CLZNF:USA CLNz:UK 0QJS:UK CLRS:Germany

Address

Rothausstrasse 61, Muttenz, CHE, 4132

Website

http://www.clariant.com

Clariant is a Switzerland-based specialty chemicals company with global operations. The company reports in three business areas: care chemicals, absorbents and additives, and catalysts. Care chemicals mainly targets consumer end markets such as personal care and homecare, but it also has an industrial component. Absorbents and additives encompass Clariant's coatings and adhesives, absorbents, and plastics segments. Catalysts manufacturers process catalysts, mainly for petrochemical and syngas plants.

Clariant AG (XSWX:CLN) Headlines

No Headlines