PWO AG (LTS:0NHL) Long-Term Capital Lease Obligation : €14.8 Mil (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is PWO AG Long-Term Capital Lease Obligation?

PWO AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €14.8 Mil.

PWO AG's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 (€0.0 Mil) to Sep. 2023 (€0.0 Mil) but then increased from Sep. 2023 (€0.0 Mil) to Dec. 2023 (€14.8 Mil).

PWO AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€13.4 Mil) to Dec. 2022 (€13.8 Mil) and increased from Dec. 2022 (€13.8 Mil) to Dec. 2023 (€14.8 Mil).

PWO AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for PWO 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.

PWO AG Long-Term Capital Lease Obligation Chart

PWO 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

14.90

12.07

13.37

13.85

14.78

PWO 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															13.85	-	-	-	14.78

PWO AG (LTS:0NHL) 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.

PWO AG Long-Term Capital Lease Obligation Related Terms

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

PWO AG (LTS:0NHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PWO AG (LTS:0NHL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PWO:Germany

Address

Industriestrasse 8, Oberkirch, DEU, 77704

Website

https://www.pwo-group.com

PWO AG is a supplier to the automotive industry. It develops and manufactures advanced metal components and systems in lightweight construction for automobile safety and comfort. The company produces mechanical components for electrical and electronic applications, including electric motor housings, components for electric drives, housings for electronic control units, and various other circular components. Geographically, it derives a majority of its revenue from Germany and also has a presence in the Rest of Europe; North America, and Othe countries.

PWO AG (LTS:0NHL) Headlines

No Headlines