Gestamp Automocion (LTS:0ROM) Long-Term Capital Lease Obligation : €0 Mil (As of Mar. 2024)

View and export this data going back to 2017. Start your Free Trial

What is Gestamp Automocion Long-Term Capital Lease Obligation?

Gestamp Automocion's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil.

Gestamp Automocion's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€369 Mil) but then declined from Dec. 2023 (€369 Mil) to Mar. 2024 (€0 Mil).

Gestamp Automocion's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€369 Mil) to Dec. 2022 (€396 Mil) but then declined from Dec. 2022 (€396 Mil) to Dec. 2023 (€369 Mil).

Gestamp Automocion Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gestamp Automocion'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.

Gestamp Automocion Long-Term Capital Lease Obligation Chart

Gestamp Automocion Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

378.61

403.65

369.09

395.53

368.67

Gestamp Automocion Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	368.67	-

Gestamp Automocion (LTS:0ROM) 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.

Gestamp Automocion Long-Term Capital Lease Obligation Related Terms

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

Gestamp Automocion (LTS:0ROM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Gestamp Automocion (LTS:0ROM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

GESTN:Mexico GESTe:UK GEST:Spain 7GA:Germany

Address

Lebario Industrial Park, Abadino, ESP, 48220

Website

https://www.gestamp.com

Gestamp Automocion is a Spanish automobile components manufacturer. The activities of the group are focused on the design, development, and manufacturing of metal components for the automotive industry via stamping, tooling, assembly, welding, tailor welded blanks, die-cutting, and machinery. It generates the majority of its revenue from Parts, prototypes, and components; followed by Tooling; and Byproducts & containers. The company operates in the following geographical segments: Western Europe, Eastern Europe, Mercosur, North America, and Asia. It generates the highest revenue from the Western Europe segment.

Gestamp Automocion (LTS:0ROM) Headlines

No Headlines