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DUERF (Duerr AG) Long-Term Capital Lease Obligation : $0 Mil (As of Sep. 2024)


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What is Duerr AG Long-Term Capital Lease Obligation?

Duerr AG's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil.

Duerr AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($106 Mil) to Dec. 2022 ($71 Mil) but then increased from Dec. 2022 ($71 Mil) to Dec. 2023 ($90 Mil).


Duerr AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Duerr AG'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.

Duerr AG Long-Term Capital Lease Obligation Chart

Duerr AG 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 88.39 87.20 106.30 70.68 90.13

Duerr AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 90.13 - - -

Duerr AG  (OTCPK:DUERF) 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.

Duerr AG Long-Term Capital Lease Obligation Related Terms

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Duerr AG Business Description

Industry
Address
Carl-Benz-Strasse 34, Bietigheim-Bissingen, BW, DEU, 74321
Duerr AG is engaged in mechanical and plant engineering. The company has five segments; Paint and Final Assembly Systems division plan to build, and update paint shops and final assembly lines for the automotive industry, Application Technology includes sales with technologies for the automated spray application of primers, base coats, and clear coats, Clean Technology Systems is into exhaust-air purification technology, Measuring and Process Systems offer balancing and diagnostic technology and automated refrigerant charging solutions, and Woodworking Machinery and Systems products include panel dividing and through-feed saws, CNC processing centers, drilling machines, sanders, edge banding machines, as well as handling and storage systems.

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