GURUFOCUS.COM » STOCK LIST » Industrials » Construction » APi Group Corp (FRA:4XY) » Definitions » Long-Term Capital Lease Obligation

APi Group (FRA:4XY) Long-Term Capital Lease Obligation : €172 Mil (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is APi Group Long-Term Capital Lease Obligation?

APi Group's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €172 Mil.

APi Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (€158 Mil) to Mar. 2024 (€159 Mil) and increased from Mar. 2024 (€159 Mil) to Jun. 2024 (€172 Mil).

APi Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€70 Mil) to Dec. 2022 (€157 Mil) and increased from Dec. 2022 (€157 Mil) to Dec. 2023 (€158 Mil).


APi Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for APi Group'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.

APi Group Long-Term Capital Lease Obligation Chart

APi Group Annual Data
Trend Dec17 Aug18 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 78.91 69.92 156.70 157.72

APi Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 155.06 159.29 157.72 159.16 171.87

APi Group  (FRA:4XY) 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.

APi Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of APi Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


APi Group Business Description

Industry
Traded in Other Exchanges
Address
c/o APi Group, Inc, 1100 Old Highway 8 NW, New Brighton, MN, USA, 55112
APi Group Corp operates in two segments: Safety Services segment includes providing safety services in North America, Asia Pacific, and Europe, focusing on end-to-end integrated occupancy systems (fire protection solutions, Heating, Ventilation, and Air Conditioning and entry systems), including design, installation, inspection, and service of these integrated systems. These services are provided in commercial, education, healthcare, high tech, industrial, and special-hazard settings. Specialty Services segment includes providing a variety of infrastructure services and specialized industrial plant services, which include maintenance and repair of critical infrastructure such as underground electric, gas, water, sewer, and telecommunications infrastructure.

APi Group Headlines

No Headlines