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Electrolux Professional AB (OSTO:EPRO B) Long-Term Capital Lease Obligation : kr251 Mil (As of Mar. 2024)


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What is Electrolux Professional AB Long-Term Capital Lease Obligation?

Electrolux Professional AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr251 Mil.

Electrolux Professional AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr219 Mil) to Dec. 2023 (kr221 Mil) and increased from Dec. 2023 (kr221 Mil) to Mar. 2024 (kr251 Mil).

Electrolux Professional AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr251 Mil) to Dec. 2022 (kr225 Mil) and declined from Dec. 2022 (kr225 Mil) to Dec. 2023 (kr221 Mil).


Electrolux Professional AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Electrolux Professional 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.

Electrolux Professional AB Long-Term Capital Lease Obligation Chart

Electrolux Professional AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 172.00 151.00 251.00 225.00 221.00

Electrolux Professional 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 218.00 223.00 219.00 221.00 251.00

Electrolux Professional AB  (OSTO:EPRO 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.

Electrolux Professional AB Long-Term Capital Lease Obligation Related Terms

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Electrolux Professional AB (OSTO:EPRO B) Business Description

Traded in Other Exchanges
Address
Franzengatan 6, Stockholm, SWE, SE-112 51
Electrolux Professional AB is a provider of food service, beverage, and laundry solutions, serving a wide range of customers globally, from restaurants and hotels to healthcare, educational, and other service facilities. The company's products include Combi ovens; Boiling & braising pans; Fry tops; Slicers & food processors; Planetary mixers; Vacuum packers & sealers; Refrigerated counters; Blast chillers; Waste management systems; Coffee grinders; hot, cold, and frozen beverages dispensers; Beer dispensing systems; and others. Its geographical segments are Europe; the Asia Pacific, the Middle East, Africa; and the Americas, of which the majority of its revenue comes from Europe.

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