Linde (XTER:LIN) Long-Term Capital Lease Obligation : €656 Mil (As of Dec. 2023)

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What is Linde Long-Term Capital Lease Obligation?

Linde's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €656 Mil.

Linde's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€656 Mil).

Linde's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€661 Mil) to Dec. 2022 (€617 Mil) but then increased from Dec. 2022 (€617 Mil) to Dec. 2023 (€656 Mil).

Linde Long-Term Capital Lease Obligation Historical Data

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

Linde Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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644.40

652.67

661.10

617.38

655.66

Linde Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															617.38	-	-	-	655.66

Linde (XTER:LIN) 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.

Linde Long-Term Capital Lease Obligation Related Terms

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Linde (XTER:LIN) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Linde PLC (XTER:LIN) » Definitions » Long-Term Capital Lease Obligation

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Address

10 Riverview Drive, Danbury, CT, USA, 06810

Website

https://www.linde.com

Linde is the largest industrial gas supplier in the world, with operations in over 100 countries. The firm's main products are atmospheric gases (including oxygen, nitrogen, and argon) and process gases (including hydrogen, carbon dioxide, and helium), as well as equipment used in industrial gas production. Linde serves a wide variety of end markets, including chemicals, manufacturing, healthcare, and steelmaking. Linde generated approximately $33 billion in revenue and $5.4 billion in GAAP operating profit in 2022.