ETTYF (Essity AB) Long-Term Capital Lease Obligation : $0 Mil (As of Sep. 2024)

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What is Essity AB Long-Term Capital Lease Obligation?

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

Essity AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($318 Mil) to Dec. 2022 ($327 Mil) but then declined from Dec. 2022 ($327 Mil) to Dec. 2023 ($324 Mil).

Essity AB Long-Term Capital Lease Obligation Historical Data

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

Essity AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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320.28

325.72

318.06

326.85

324.25

Essity AB 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															-	324.25	-	-	-

Essity AB (OTCPK:ETTYF) 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.

Essity AB Long-Term Capital Lease Obligation Related Terms

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Essity AB Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Essity AB (OTCPK:ETTYF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ESSITY A:Sweden ESSITY B:Sweden ESSITYB:Mexico ESSIBs:UK 0RQD:UK 0RQC:UK ESWB:Germany

Address

Klarabergsviadukten 63, PO Box 200, Stockholm, SWE, SE-101 23

Website

https://www.essity.com

Essity is a health and hygiene company spun out of Svenska Cellulosa in June 2017. Essity's products span the feminine care, baby care, toilet paper, facial tissue, and wet wipes categories, as well as hand soap, hand sanitizers, and tissue dispensers for institutional customers. Essity also offers medical solutions in the form of wound care, orthopedics, and compression therapy, accounting for around 7% of net sales. Essity operates in 150 markets and generates 60% of its revenue in Europe.