Sasol (SSL) Long-Term Capital Lease Obligation : $767 Mil (As of Jun. 2023)

View and export this data going back to 2003. Start your Free Trial

What is Sasol Long-Term Capital Lease Obligation?

Sasol's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $767 Mil.

Sasol's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 ($902 Mil) to Dec. 2022 ($829 Mil) and declined from Dec. 2022 ($829 Mil) to Jun. 2023 ($767 Mil).

Sasol's annual Long-Term Capital Lease Obligation declined from Jun. 2021 ($999 Mil) to Jun. 2022 ($902 Mil) and declined from Jun. 2022 ($902 Mil) to Jun. 2023 ($767 Mil).

Sasol Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sasol'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.

Sasol Long-Term Capital Lease Obligation Chart

Sasol Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

510.46

923.59

999.49

902.09

767.25

Sasol Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															999.49	891.79	902.09	829.23	767.25

Sasol (NYSE:SSL) 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.

Sasol Long-Term Capital Lease Obligation Related Terms

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

Sasol (SSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sasol Ltd (NYSE:SSL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SOLBE1:South Africa SOL:South Africa SASOF:USA SAOA:Germany SAO:Germany SAOA:Germany SAO:Germany

Address

50 Katherine Street, Sasol Place, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.sasol.com

Sasol Ltd operates as a vertically integrated chemicals and energy company through its two main segments: Energy business and Chemical business. It generates maximum revenue from the Chemicals segment. The company operates coal mines and its upstream interests in oil and gas, both of which are used as feedstock in the company's energy and chemicals operations. Sasol markets commodity and performance chemicals, sells liquid fuel products, and markets, distributes and transports pipeline gas. Geographically the company generates the majority of its revenue from South Africa.