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Bell Equipment (JSE:BEL) Long-Term Capital Lease Obligation : R359 Mil (As of Dec. 2024)


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What is Bell Equipment Long-Term Capital Lease Obligation?

Bell Equipment's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was R359 Mil.

Bell Equipment's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (R433 Mil) to Jun. 2024 (R410 Mil) and declined from Jun. 2024 (R410 Mil) to Dec. 2024 (R359 Mil).

Bell Equipment's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (R389 Mil) to Dec. 2023 (R433 Mil) but then declined from Dec. 2023 (R433 Mil) to Dec. 2024 (R359 Mil).


Bell Equipment Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bell Equipment'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.

Bell Equipment Long-Term Capital Lease Obligation Chart

Bell Equipment 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 282.54 266.73 388.94 433.45 358.78

Bell Equipment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 388.94 395.59 433.45 410.07 358.78

Bell Equipment  (JSE:BEL) 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.

Bell Equipment Long-Term Capital Lease Obligation Related Terms

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Bell Equipment Business Description

Traded in Other Exchanges
Address
13 - 19 Carbonode Cell Road, Alton, Richards Bay, ZAF, 3900
Bell Equipment Ltd designs and manufactures various products. Its products include a complete range of Bell forestry and agriculture products and a growing number of niche application equipment, such as underground machinery. The company's product offerings include cane loaders, loggers, versalifts, forklifts, timber trucks, tractors, and dump trucks, among others. It has two reportable segments: Manufacturing, assembly, logistics, and dealer sales operations, which generate maximum revenue; and the Direct Sales operations. Geographically, the company generates maximum revenue from South Africa, followed by Europe, and the Rest of Africa.

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