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Raubex Group (FRA:B7P) Long-Term Capital Lease Obligation : €15.7 Mil (As of Feb. 2024)


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What is Raubex Group Long-Term Capital Lease Obligation?

Raubex Group's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was €15.7 Mil.

Raubex Group's quarterly Long-Term Capital Lease Obligation declined from Feb. 2023 (€18.2 Mil) to Aug. 2023 (€16.6 Mil) and declined from Aug. 2023 (€16.6 Mil) to Feb. 2024 (€15.7 Mil).

Raubex Group's annual Long-Term Capital Lease Obligation declined from Feb. 2022 (€22.7 Mil) to Feb. 2023 (€18.2 Mil) and declined from Feb. 2023 (€18.2 Mil) to Feb. 2024 (€15.7 Mil).


Raubex Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Raubex 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.

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Raubex Group Long-Term Capital Lease Obligation Chart

Raubex Group Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.55 19.61 22.74 18.21 15.73

Raubex Group Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 22.74 21.99 18.21 16.56 15.73

Raubex Group  (FRA:B7P) 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.

Raubex Group Long-Term Capital Lease Obligation Related Terms

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Raubex Group (FRA:B7P) Business Description

Industry
Traded in Other Exchanges
Address
Kenneth Kaunda Road Extension, Noordstad, Cleveley, Bloemfontein, FS, ZAF, 9300
Raubex Group Ltd is a South African infrastructure development and construction materials supply group. It operates across South Africa as well as throughout southern Africa. The group consists of three divisions as follows: The materials division specializes in the supply of aggregates from commercial quarries and is a provider of materials handling and screening services to the mining industry. Roads and Earthworks Division specializes in road construction and earthworks as well as road surfacing and rehabilitation which includes the manufacturing and laying of asphalt, chip and spray, surface dressing, enrichments, and slurry seals. The infrastructure division specializes in disciplines outside the road construction sector, including energy, rail, and telecommunications.

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