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Klabin (BSP:KLBN3) Long-Term Capital Lease Obligation : R$1,596 Mil (As of Mar. 2024)


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What is Klabin Long-Term Capital Lease Obligation?

Klabin's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$1,596 Mil.

Klabin's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (R$1,970 Mil) to Dec. 2023 (R$1,625 Mil) and declined from Dec. 2023 (R$1,625 Mil) to Mar. 2024 (R$1,596 Mil).

Klabin's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R$901 Mil) to Dec. 2022 (R$1,382 Mil) and increased from Dec. 2022 (R$1,382 Mil) to Dec. 2023 (R$1,625 Mil).


Klabin Long-Term Capital Lease Obligation Historical Data

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

Klabin 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 396.72 679.59 901.03 1,381.97 1,624.77

Klabin 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 1,510.18 1,556.57 1,970.43 1,624.77 1,596.17

Klabin  (BSP:KLBN3) 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.

Klabin Long-Term Capital Lease Obligation Related Terms

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Klabin (BSP:KLBN3) Business Description

Industry
Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima 3600, 3rd, 4th and 5th Floor, Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Klabin SA manufactures and sells timber, pulp, and a variety of paper products. It owns and operates forests in Brazil and harvests timber. The timber is either sold to third parties or transported to the firm's mills, which produce pulp and paper products. The firm organizes itself into four segments based on product type: forestry, paper, conversion, and pulp. The forestry segment involves operations related to planting and growing pine and eucalyptus trees and selling timber to third parties; the other segments involve the production and sale of paper products. The paper and pulp segments contribute heavily to the company's overall revenue. Klabin has a global presence.

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