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Aalberts NV (LTS:0NX1) Long-Term Capital Lease Obligation : €153 Mil (As of Dec. 2024)


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What is Aalberts NV Long-Term Capital Lease Obligation?

Aalberts NV's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €153 Mil.

Aalberts NV's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€128 Mil) to Jun. 2024 (€0 Mil) but then increased from Jun. 2024 (€0 Mil) to Dec. 2024 (€153 Mil).

Aalberts NV's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€139 Mil) to Dec. 2023 (€128 Mil) but then increased from Dec. 2023 (€128 Mil) to Dec. 2024 (€153 Mil).


Aalberts NV Long-Term Capital Lease Obligation Historical Data

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

Aalberts NV 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 127.40 149.80 139.20 128.20 152.90

Aalberts NV 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 139.20 134.00 128.20 - 152.90

Aalberts NV  (LTS:0NX1) 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.

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Aalberts NV Business Description

Industry
Address
Stadsplateau 18, WTC Utrecht, Utrecht, UT, NLD, 3521 AZ
Aalberts NV and its subsidiaries develop mission-critical technologies for buildings, sustainable transportation, semicon efficiency, and industrial niches. Its products and service offerings include developing hydronic flow control systems, integrated piping systems, surface technologies, and advanced mechatronics. The company's reportable segments are Building, Industry, and Semicon. A majority of its revenue is generated from the Building segment, which develops, manufactures, and monitors hydronic flow control systems for heating and cooling to improve energy efficiency and engineers integrated piping systems to distribute and regulate water or gas flows in eco-friendly buildings and industrial niches. Geographically, the company derives key revenue from Europe.

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