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The Timken Co (MEX:TKR) Long-Term Capital Lease Obligation : MXN1,817 Mil (As of Mar. 2025)


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What is The Timken Co Long-Term Capital Lease Obligation?

The Timken Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was MXN1,817 Mil.

The Timken Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (MXN1,487 Mil) to Dec. 2024 (MXN1,752 Mil) and increased from Dec. 2024 (MXN1,752 Mil) to Mar. 2025 (MXN1,817 Mil).

The Timken Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (MXN1,271 Mil) to Dec. 2023 (MXN1,336 Mil) and increased from Dec. 2023 (MXN1,336 Mil) to Dec. 2024 (MXN1,752 Mil).


The Timken Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for The Timken Co'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.

The Timken Co Long-Term Capital Lease Obligation Chart

The Timken Co 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 1,501.85 1,591.89 1,271.14 1,335.87 1,751.88

The Timken Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,364.21 1,428.97 1,486.62 1,751.88 1,816.69

The Timken Co  (MEX:TKR) 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 Timken Co Long-Term Capital Lease Obligation Related Terms

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The Timken Co Business Description

Industry
Traded in Other Exchanges
Address
4500 Mount Pleasant Street North West, North Canton, OH, USA, 44720-5450
The Timken Co designs and manages a portfolio of engineered bearings and industrial motion products, and provides related services. The Company sells products and services to customers in the following market sectors: industrial distribution, renewable energy, automation, automotive original equipment (OE), agriculture/turf, rail, aerospace, auto/truck aftermarket, construction, etc. The company has two reportable segment: The Engineered Bearings portfolio features bearings with precision tolerances, proprietary internal geometries and quality materials. The Industrial Motion portfolio features products such as drives, breathers, seals, automatic lubrication systems, linear motion products, chain, belts, couplings, etc. Key revenue is generated from Engineered Bearings.