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Accenture (FRA:CSA) Long-Term Capital Lease Obligation : €2,126 Mil (As of Feb. 2024)


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What is Accenture Long-Term Capital Lease Obligation?

Accenture's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was €2,126 Mil.

Accenture's quarterly Long-Term Capital Lease Obligation declined from Aug. 2023 (€2,119 Mil) to Nov. 2023 (€2,079 Mil) but then increased from Nov. 2023 (€2,079 Mil) to Feb. 2024 (€2,126 Mil).

Accenture's annual Long-Term Capital Lease Obligation increased from Aug. 2021 (€2,292 Mil) to Aug. 2022 (€2,530 Mil) but then declined from Aug. 2022 (€2,530 Mil) to Aug. 2023 (€2,119 Mil).


Accenture Long-Term Capital Lease Obligation Historical Data

The historical data trend for Accenture'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.

Accenture Long-Term Capital Lease Obligation Chart

Accenture Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2,254.11 2,292.38 2,529.77 2,118.93

Accenture Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 2,290.13 2,163.27 2,118.93 2,078.51 2,125.85

Accenture  (FRA:CSA) 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.

Accenture Long-Term Capital Lease Obligation Related Terms

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Accenture (FRA:CSA) Business Description

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Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.

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