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Sealed Air (BSP:S1EA34) Long-Term Capital Lease Obligation : R$327 Mil (As of Dec. 2023)


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What is Sealed Air Long-Term Capital Lease Obligation?

Sealed Air's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$327 Mil.

Sealed Air's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (R$425 Mil) to Sep. 2023 (R$430 Mil) but then declined from Sep. 2023 (R$430 Mil) to Dec. 2023 (R$327 Mil).

Sealed Air's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (R$360 Mil) to Dec. 2022 (R$260 Mil) but then increased from Dec. 2022 (R$260 Mil) to Dec. 2023 (R$327 Mil).


Sealed Air Long-Term Capital Lease Obligation Historical Data

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

Sealed Air 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 387.47 396.66 360.22 260.17 326.82

Sealed Air 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 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 260.17 410.44 424.70 429.67 326.82

Sealed Air  (BSP:S1EA34) 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.

Sealed Air Long-Term Capital Lease Obligation Related Terms

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Sealed Air (BSP:S1EA34) Business Description

Traded in Other Exchanges
Address
2415 Cascade Pointe Boulevard, Charlotte, NC, USA, 28208
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.

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