Seaboard (FRA:S0V) Long-Term Capital Lease Obligation : €281 Mil (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Seaboard Long-Term Capital Lease Obligation?

Seaboard's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €281 Mil.

Seaboard's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€248 Mil) to Dec. 2023 (€279 Mil) and increased from Dec. 2023 (€279 Mil) to Mar. 2024 (€281 Mil).

Seaboard's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€319 Mil) to Dec. 2022 (€300 Mil) and declined from Dec. 2022 (€300 Mil) to Dec. 2023 (€279 Mil).

Seaboard Long-Term Capital Lease Obligation Historical Data

The historical data trend for Seaboard'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.

Seaboard Long-Term Capital Lease Obligation Chart

Seaboard Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

341.10

261.40

318.60

300.19

278.77

Seaboard Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															279.27	259.36	248.31	278.77	280.60

Seaboard (FRA:S0V) 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.

Seaboard Long-Term Capital Lease Obligation Related Terms

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

Seaboard (FRA:S0V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Seaboard Corp (FRA:S0V) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SEB:USA

Address

9000 West 67th Street, Merriam, KS, USA, 66202

Website

https://www.seaboardcorp.com

Seaboard Corp is a diversified group of companies that operate in agricultural and ocean transport businesses. The company is engaged in hog production and pork processing in the United States; commodity trading and grain processing in Africa and South America; cargo shipping services in the U.S., Caribbean and Central and South America; sugar and alcohol production in Argentina; and electric power generation in the Dominican Republic. It also has an equity method investment in Butterball, LLC, a producer and processor of turkey products. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, and turkey. It operates in 45 countries, with a concentration in the U.S. and countries in Central and South America and Africa.

Seaboard (FRA:S0V) Headlines

No Headlines