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Brodrene A & O Johansen A/S (OCSE:AOJ B) Long-Term Capital Lease Obligation : kr61 Mil (As of Mar. 2024)


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What is Brodrene A & O Johansen A/S Long-Term Capital Lease Obligation?

Brodrene A & O Johansen A/S's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr61 Mil.

Brodrene A & O Johansen A/S's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr60 Mil) to Dec. 2023 (kr66 Mil) but then declined from Dec. 2023 (kr66 Mil) to Mar. 2024 (kr61 Mil).

Brodrene A & O Johansen A/S's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr53 Mil) to Dec. 2022 (kr57 Mil) and increased from Dec. 2022 (kr57 Mil) to Dec. 2023 (kr66 Mil).


Brodrene A & O Johansen A/S Long-Term Capital Lease Obligation Historical Data

The historical data trend for Brodrene A & O Johansen A/S'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.

Brodrene A & O Johansen A/S Long-Term Capital Lease Obligation Chart

Brodrene A & O Johansen A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.09 43.90 53.47 56.84 66.35

Brodrene A & O Johansen A/S 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 57.03 63.53 59.98 66.35 61.18

Brodrene A & O Johansen A/S  (OCSE:AOJ B) 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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Brodrene A & O Johansen A/S (OCSE:AOJ B) Business Description

Traded in Other Exchanges
Address
Rorvang 3, Albertslund, DNK, 2620
Brodrene A & O Johansen A/S is a distributor of industrial products in Denmark. It provides technical installation materials and supplies to the construction industry in Denmark. Its products include heating plumbing and sanitary ware products, electrical equipment and components, water supply and drainage products. Its clients comprise of plumbers, electricians, building contractors, sewer contractors, construction companies, municipalities, utilities and public institutions. The company follows three sales channels, which are AO Stores, which cater to the local market; Online trading, which offers products through its website and mobile application and competency centers where customers may place orders and get advice and direction as well as offers over the phone.

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