KAP AG (FRA:IUR) Long-Term Capital Lease Obligation : €0.0 Mil (As of Jun. 2023)

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

What is KAP AG Long-Term Capital Lease Obligation?

KAP AG's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.0 Mil.

KAP AG's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€19.2 Mil) to Mar. 2023 (€0.0 Mil) but then stayed the same from Mar. 2023 (€0.0 Mil) to Jun. 2023 (€0.0 Mil).

KAP AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€19.9 Mil) to Dec. 2022 (€19.2 Mil) and declined from Dec. 2022 (€19.2 Mil) to Dec. 2023 (€12.7 Mil).

KAP AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for KAP AG'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.

KAP AG Long-Term Capital Lease Obligation Chart

KAP AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

13.57

12.16

19.95

19.18

12.71

KAP AG Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	19.18	-	-	12.71

KAP AG (FRA:IUR) 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.

KAP AG Long-Term Capital Lease Obligation Related Terms

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

KAP AG (FRA:IUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » KAP AG (FRA:IUR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

IUR:Germany

Address

Edelzeller Strasse 44, Fulda, HE, DEU, 36043

Website

https://www.kap.de

KAP AG is a German industrial holding company that provides engineered products and automotive components. The Flexible films segment generates maximum revenue, it is into extrusion coatings, calendaring and the conditioning of coated products. The engineered products segment includes develops, produces and sells technical fabrics and yarns whereas Surface technologies with chemical and physical conditioning specialized surface processes for refining metallic materials such as aluminum, magnesium, zinc die-casting or steel. Precision components segment manufacturers the precision components Geographically, the business presence of the firm is seen in the region of Germany, Rest of Europe, North/South America, Asia and in Other Countries.

KAP AG (FRA:IUR) Headlines

No Headlines