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SAP SE (XTER:SAP) Long-Term Capital Lease Obligation : €0 Mil (As of Mar. 2024)


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What is SAP SE Long-Term Capital Lease Obligation?

SAP SE's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil.

SAP SE's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€1,327 Mil) but then declined from Dec. 2023 (€1,327 Mil) to Mar. 2024 (€0 Mil).

SAP SE's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€1,736 Mil) to Dec. 2022 (€1,791 Mil) but then declined from Dec. 2022 (€1,791 Mil) to Dec. 2023 (€1,327 Mil).


SAP SE Long-Term Capital Lease Obligation Historical Data

The historical data trend for SAP SE'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.

SAP SE Long-Term Capital Lease Obligation Chart

SAP SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,740.00 1,736.00 1,791.00 1,327.00

SAP SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 1,327.00 -

SAP SE  (XTER:SAP) 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.

SAP SE Long-Term Capital Lease Obligation Related Terms

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SAP SE (XTER:SAP) Business Description

Industry
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Address
Dietmar-Hopp-Allee 16, Walldorf, BW, DEU, 69190
Founded in 1972 by former IBM employees, SAP provides database technology and enterprise resource planning software to enterprises around the world. Across more than 180 countries, the company serves 440,000 customers, approximately 80% of which are small- to medium-size enterprises.
Executives
Prof. Dr. H.c. Mult. Hasso Plattner Supervisory Board
Gerhard Oswald Supervisory Board
Margret Klein-magar Supervisory Board
Dr. Rouven Westphal Supervisory Board
Helmut Stengele Supervisory Board
Christian Kurt Klein Board of Directors
Dr. Juergen Mueller Board of Directors
Thomas Heinrich Saueressig Board of Directors
Peter Lengler Supervisory Board
Sabine Bendiek Board of Directors
Luka Mucic Board of Directors