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Dometic Group AB (OSTO:DOM) Long-Term Capital Lease Obligation : kr1,767 Mil (As of Mar. 2024)


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What is Dometic Group AB Long-Term Capital Lease Obligation?

Dometic Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,767 Mil.

Dometic Group AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr966 Mil) to Dec. 2023 (kr1,716 Mil) and increased from Dec. 2023 (kr1,716 Mil) to Mar. 2024 (kr1,767 Mil).

Dometic Group AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr881 Mil) to Dec. 2022 (kr740 Mil) but then increased from Dec. 2022 (kr740 Mil) to Dec. 2023 (kr1,716 Mil).


Dometic Group AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dometic Group AB'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.

Dometic Group AB Long-Term Capital Lease Obligation Chart

Dometic Group AB 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 475.00 601.00 881.00 740.00 1,716.00

Dometic Group AB 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 1,053.00 1,036.00 966.00 1,716.00 1,767.00

Dometic Group AB  (OSTO:DOM) 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.

Dometic Group AB Long-Term Capital Lease Obligation Related Terms

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Dometic Group AB (OSTO:DOM) Business Description

Traded in Other Exchanges
Address
Hemvarnsgatan 15, 6th Floor, Solna, SWE, SE-171 54
Dometic Group AB provides leisure products for recreational vehicles (RV), marine and commercial and passenger vehicles (CPV) markets. It provides branded solutions for mobile living in the areas of climate, Power & Control, hygiene and sanitation, and food and beverage. It serves the market with a complete range of air conditioners, refrigerators, awnings, cookers, sanitation, lighting, mobile power equipment, windows, doors, and other comfort and safety products that make life away from home more comfortable. The group is organized into four regions, Europe, Middle East and Africa (EMEA), the Americas, Asia Pacific (APAC), and other countries.

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