Sul America (BSP:SULA3) Long-Term Capital Lease Obligation : R$79 Mil (As of Sep. 2022)

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What is Sul America Long-Term Capital Lease Obligation?

Sul America's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was R$79 Mil.

Sul America's quarterly Long-Term Capital Lease Obligation declined from Mar. 2022 (R$87 Mil) to Jun. 2022 (R$84 Mil) and declined from Jun. 2022 (R$84 Mil) to Sep. 2022 (R$79 Mil).

Sul America's annual Long-Term Capital Lease Obligation increased from Dec. 2019 (R$0 Mil) to Dec. 2020 (R$135 Mil) but then declined from Dec. 2020 (R$135 Mil) to Dec. 2021 (R$95 Mil).

Sul America Long-Term Capital Lease Obligation Historical Data

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

Sul America Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Long-Term Capital Lease Obligation

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1.93

134.80

94.99

Sul America Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															117.79	94.99	86.99	83.87	78.97

Sul America (BSP:SULA3) 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.

Sul America Long-Term Capital Lease Obligation Related Terms

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Sul America (BSP:SULA3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sul America SA (BSP:SULA3) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Rua Beatriz Larragoiti Lucas 121, 2nd Floor, South Wing, Rio de Janeiro, RJ, BRA, 20211-903

Website

http://www.sulamerica.com.br

Sul America SA provides insurance services. The company's operating segment includes Health; Life and private pension; Asset Management and others. It generates maximum revenue from the Health segment.

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