Catrion Catering Holding Co (SAU:6004) Long-Term Capital Lease Obligation : ﷼127 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Catrion Catering Holding Co Long-Term Capital Lease Obligation?

Catrion Catering Holding Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼127 Mil.

Catrion Catering Holding Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (﷼143 Mil) to Dec. 2023 (﷼150 Mil) but then declined from Dec. 2023 (﷼150 Mil) to Mar. 2024 (﷼127 Mil).

Catrion Catering Holding Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (﷼331 Mil) to Dec. 2022 (﷼175 Mil) and declined from Dec. 2022 (﷼175 Mil) to Dec. 2023 (﷼150 Mil).

Catrion Catering Holding Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Catrion Catering Holding 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.

Catrion Catering Holding Co Long-Term Capital Lease Obligation Chart

Catrion Catering Holding Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

416.50

412.23

330.84

175.32

150.26

Catrion Catering Holding Co 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															165.82	158.96	143.44	150.26	127.37

Catrion Catering Holding Co (SAU:6004) 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.

Catrion Catering Holding Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Catrion Catering Holding Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Catrion Catering Holding Co (SAU:6004) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Catrion Catering Holding Co (SAU:6004) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Saeb Al Jomhi Street, Prince Sultan Bin Abdulaziz Road, P.O Box 9178, Almohammadya District (5), Jeddah, SAU, 21413

Website

https://www.saudiacatering.com

Catrion Catering Holding Co formerly Saudi Airlines Catering Co is engaged in the provision of cooked and non-cooked food to private and public sectors, provision of sky sales, operation and management of duty-free zones in Saudi Arabian airports, and ownership, operation, and management of restaurants at airports and other places, and the ownership, operation, and management of central laundries. The Company mainly provides catering services to Saudi Arabian Airlines and other foreign airlines. The company has three operating segments; Inflight includes Inflight catering, airline equipment, and business lounge, Retail includes Onboard, ground, and online, and Catering and Facilities include Remote & Camp management, Business & Industries catering, Security services, Laundry services.

Catrion Catering Holding Co (SAU:6004) Headlines

No Headlines