XPO (FRA:UX2A) Long-Term Capital Lease Obligation : €553 Mil (As of Sep. 2024)

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What is XPO Long-Term Capital Lease Obligation?

XPO's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was €553 Mil.

XPO's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 (€550 Mil) to Jun. 2024 (€569 Mil) but then declined from Jun. 2024 (€569 Mil) to Sep. 2024 (€553 Mil).

XPO's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€527 Mil) to Dec. 2022 (€572 Mil) but then declined from Dec. 2022 (€572 Mil) to Dec. 2023 (€539 Mil).

XPO Long-Term Capital Lease Obligation Historical Data

The historical data trend for XPO'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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XPO Long-Term Capital Lease Obligation Chart

XPO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,598.40

572.11

527.46

572.06

539.20

XPO Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															547.21	539.20	550.16	569.48	553.21

XPO (FRA:UX2A) 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.

XPO Long-Term Capital Lease Obligation Related Terms

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XPO Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » XPO Inc (FRA:UX2A) » Definitions » Long-Term Capital Lease Obligation

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XPO:USA 0M1O:UK

Address

Five American Lane, Greenwich, CT, USA, 06831

Website

https://www.xpo.com

Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.

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