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The Estee Lauder (MEX:EL) Long-Term Capital Lease Obligation : MXN28,330 Mil (As of Mar. 2024)


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What is The Estee Lauder Long-Term Capital Lease Obligation?

The Estee Lauder's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was MXN28,330 Mil.

The Estee Lauder's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (MXN29,386 Mil) to Dec. 2023 (MXN28,771 Mil) and declined from Dec. 2023 (MXN28,771 Mil) to Mar. 2024 (MXN28,330 Mil).

The Estee Lauder's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (MXN42,818 Mil) to Jun. 2022 (MXN37,580 Mil) and declined from Jun. 2022 (MXN37,580 Mil) to Jun. 2023 (MXN29,110 Mil).


The Estee Lauder Long-Term Capital Lease Obligation Historical Data

The historical data trend for The Estee Lauder'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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The Estee Lauder Long-Term Capital Lease Obligation Chart

The Estee Lauder Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 52,581.02 42,817.81 37,580.42 29,110.34

The Estee Lauder 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 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 31,255.35 29,110.34 29,385.68 28,771.35 28,329.81

The Estee Lauder  (MEX:EL) 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.

The Estee Lauder Long-Term Capital Lease Obligation Related Terms

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The Estee Lauder (MEX:EL) Business Description

Address
767 Fifth Avenue, New York, NY, USA, 10153
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.