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GGB (Gerdau) Long-Term Capital Lease Obligation : $177 Mil (As of Mar. 2025)


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What is Gerdau Long-Term Capital Lease Obligation?

Gerdau's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $177 Mil.

Gerdau's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($158 Mil) to Dec. 2024 ($139 Mil) but then increased from Dec. 2024 ($139 Mil) to Mar. 2025 ($177 Mil).

Gerdau's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($144 Mil) to Dec. 2023 ($185 Mil) but then declined from Dec. 2023 ($185 Mil) to Dec. 2024 ($139 Mil).


Gerdau Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gerdau'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.

Gerdau Long-Term Capital Lease Obligation Chart

Gerdau Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.44 113.76 143.88 184.59 139.31

Gerdau Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 183.28 173.71 157.71 139.31 176.98

Gerdau  (NYSE:GGB) 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.

Gerdau Long-Term Capital Lease Obligation Related Terms

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Gerdau Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Gerdau SA (NYSE:GGB) » Definitions » Long-Term Capital Lease Obligation
Address
Avenida Dra. Ruth Cardoso, 8,501 - 8th Floor, Sao Paulo, SP, BRA, 05425-070
Gerdau SA produces steel and steel products. The company operates in civil construction, agriculture, automotive, iron ore, exports, research and development, and home steel products sectors. It offers products such as nails, rebar, columns, billets, slabs, tribar tutors, mechanical construction bars, and reinforced steel locks. The company's geographical segment includes Brazil Operations; North America Operations; South America Operations as well as Special Steel Operations. It derives the majority of its revenue from the Brazil Operations segment.

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