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Cemex Latam Holdings (BOG:CLH) Long-Term Capital Lease Obligation : COP0 Mil (As of Mar. 2023)


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What is Cemex Latam Holdings Long-Term Capital Lease Obligation?

Cemex Latam Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was COP0 Mil.

Cemex Latam Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (COP46,001 Mil) to Dec. 2022 (COP0 Mil) but then stayed the same from Dec. 2022 (COP0 Mil) to Mar. 2023 (COP0 Mil).


Cemex Latam Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cemex Latam Holdings'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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Cemex Latam Holdings Long-Term Capital Lease Obligation Chart

Cemex Latam Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
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Cemex Latam Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 50,707.18 45,179.57 46,000.73 - -

Cemex Latam Holdings  (BOG:CLH) 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.

Cemex Latam Holdings Long-Term Capital Lease Obligation Related Terms

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Cemex Latam Holdings (BOG:CLH) Business Description

Traded in Other Exchanges
N/A
Address
Calle 99 Edificio 100 Piso 7, No. 9A - 54, Bogota, Cundinamarca, COL
Cemex Latam Holdings SA manufactures and sells cement, aggregates, ready-mix concrete, and mortar. The company's customers include the housing and commercial construction industries as well as the infrastructure building industry. The firm also owns a chain of hardware retail stores, which it uses to distribute its products. Cemex organizes itself into four segments based on product: Cement, Concrete, Aggregates, and Other products. The majority of revenue is derived from the cement segment. The company sells its products throughout Central America, Mexico, and South America. The majority of revenue comes from Colombia.