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Hamburger Hafen und Logistik AG (Hamburger Hafen und Logistik AG) Long-Term Capital Lease Obligation : $287 Mil (As of Dec. 2023)


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What is Hamburger Hafen und Logistik AG Long-Term Capital Lease Obligation?

Hamburger Hafen und Logistik AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $287 Mil.

Hamburger Hafen und Logistik AG's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($287 Mil).

Hamburger Hafen und Logistik AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($813 Mil) to Dec. 2022 ($280 Mil) but then increased from Dec. 2022 ($280 Mil) to Dec. 2023 ($287 Mil).


Hamburger Hafen und Logistik AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hamburger Hafen und Logistik 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.

Hamburger Hafen und Logistik AG Long-Term Capital Lease Obligation Chart

Hamburger Hafen und Logistik 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 Premium Member Only Premium Member Only 824.68 850.18 813.07 280.10 287.40

Hamburger Hafen und Logistik AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 280.10 - - - 287.40

Hamburger Hafen und Logistik AG  (OTCPK:HHULY) 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.

Hamburger Hafen und Logistik AG Long-Term Capital Lease Obligation Related Terms

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Hamburger Hafen und Logistik AG (Hamburger Hafen und Logistik AG) Business Description

Traded in Other Exchanges
Address
Bei St. Annen 1, Hamburg, DEU, 20457
Hamburger Hafen und Logistik AG is a transportation and logistics company domiciled in Germany. It participates in economic sectors of sea transport and hinterland traffic, as well as in the maintenance, sale, lease, management and development of real estate, and real estate in Hamburg's historical Speicherstadt warehouse district and its fishmarket. The company organizes itself into four segments: container, intermodal, logistics, and real estate. The container segment, generates the majority of revenue, operates terminals to transport containers by sea, rail, and truck. Intermodal segment, operates the company's rail container transportation network. The container and intermodal segments together generate the majority of revenue. The company derives the majority of revenue domestically.

Hamburger Hafen und Logistik AG (Hamburger Hafen und Logistik AG) Headlines

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