Alro (BSE:ALR) Long-Term Capital Lease Obligation : lei4 Mil (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Alro Long-Term Capital Lease Obligation?

Alro's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was lei4 Mil.

Alro's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (lei5 Mil) to Dec. 2023 (lei6 Mil) but then declined from Dec. 2023 (lei6 Mil) to Mar. 2024 (lei4 Mil).

Alro's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (lei4 Mil) to Dec. 2022 (lei4 Mil) but then increased from Dec. 2022 (lei4 Mil) to Dec. 2023 (lei6 Mil).

Alro Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alro'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.

Alro Long-Term Capital Lease Obligation Chart

Alro Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

6.16

3.71

4.36

3.83

5.96

Alro 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															6.15	5.57	5.21	5.96	4.39

Alro (BSE:ALR) 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.

Alro Long-Term Capital Lease Obligation Related Terms

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

Alro (BSE:ALR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alro SA (BSE:ALR) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

116, Pitesti Street, Olt County, Slatina, ROU, 230048

Website

https://www.alro.ro/en

Alro SA is an aluminum producer. The company organizes its operations into four segments: Bauxite, Alumina, Primary Aluminium, and Processed Aluminium. The Bauxite segment is operating in Sierra Leone (Africa) and consists of SMHL, GAL and BML. The Alumina segment uses bauxite to produce alumina, the main raw material for electrolytic aluminium production. The Primary Aluminium segment, which mainly includes the anodes section, electrolysis section, the Casting House and Aluminium Eco Recycling Facility sections, manufactures and sells products like wire, rod, slabs and occasionally ingots. The Processed Aluminium segment, which includes Alro's Processed Aluminium section and Vimetco Extrusion, produces and sells sheets, coils, plates, and extruded products.