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Elders (FRA:FTZ) Long-Term Capital Lease Obligation : €123 Mil (As of Sep. 2024)


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What is Elders Long-Term Capital Lease Obligation?

Elders's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was €123 Mil.

Elders's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€101 Mil) to Mar. 2024 (€0 Mil) but then increased from Mar. 2024 (€0 Mil) to Sep. 2024 (€123 Mil).

Elders's annual Long-Term Capital Lease Obligation increased from Sep. 2022 (€61 Mil) to Sep. 2023 (€101 Mil) and increased from Sep. 2023 (€101 Mil) to Sep. 2024 (€123 Mil).


Elders Long-Term Capital Lease Obligation Historical Data

The historical data trend for Elders'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.

Elders Long-Term Capital Lease Obligation Chart

Elders Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.62 45.18 61.20 100.92 122.61

Elders Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 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 61.20 - 100.92 - 122.61

Elders  (FRA:FTZ) 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.

Elders Long-Term Capital Lease Obligation Related Terms

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Elders Business Description

Traded in Other Exchanges
Address
80 Grenfell Street, Level 10, Adelaide, SA, AUS, 5000
Elders Ltd is a farm products company. The company's operating segments include Branch Network; Wholesale Products; Feed and Processing Services and Corporate Services and Other Costs. It generates maximum revenue from the Branch Network segment. The Branch Network segment includes the provision of products and services through a common distribution channel, including agricultural retail products, agency services, and financial services. Geographically earns revenue from Australia itself, from maximum in retail products.

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