Marcopolo (BSP:POMO3) Long-Term Capital Lease Obligation : R$51 Mil (As of Dec. 2023)

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What is Marcopolo Long-Term Capital Lease Obligation?

Marcopolo's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$51 Mil.

Marcopolo's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (R$56 Mil) to Sep. 2023 (R$54 Mil) and declined from Sep. 2023 (R$54 Mil) to Dec. 2023 (R$51 Mil).

Marcopolo's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R$40 Mil) to Dec. 2022 (R$59 Mil) but then declined from Dec. 2022 (R$59 Mil) to Dec. 2023 (R$51 Mil).

Marcopolo Long-Term Capital Lease Obligation Historical Data

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

Marcopolo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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36.93

52.60

39.97

58.88

51.23

Marcopolo 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															58.88	61.98	56.04	54.36	51.23

Marcopolo (BSP:POMO3) 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.

Marcopolo Long-Term Capital Lease Obligation Related Terms

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Marcopolo (BSP:POMO3) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Marcopolo SA (BSP:POMO3) » Definitions » Long-Term Capital Lease Obligation

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POMO4:Brazil

Address

Avenida Marcopolo, 280, Bairro Planalto, Caxias do Sul, RS, BRA, 95060-145

Website

http://www.marcopolo.com.br

Marcopolo SA is a Brazilian auto manufacturer. The line of products includes a wide variety of models, composed of the groups of intercity, urban, micro, and mini-buses, as well as the Volare family (complete bus, with chassis and body). The buses are manufactured in facilities predominantly in Brazil and in Columbia, Egypt, India, Mexico, and China. The revenues that the company derives from its exports are marginally higher than that from domestic sales. Marcopolo sells its vehicles under such brand names as Volare, Fratello, Andare, Viaggio, Torino, and Viale. Its activities are divided into two segments, Industrial and Financial. The industrial segment is its core segment which manufactures buses and the financial segment is responsible for financing transactions through Banco Moneo.

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