BAIC Motor (STU:2B5) Long-Term Capital Lease Obligation : €34 Mil (As of Dec. 2024)

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What is BAIC Motor Long-Term Capital Lease Obligation?

BAIC Motor's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €34 Mil.

BAIC Motor's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (€8 Mil) to Jun. 2024 (€9 Mil) and increased from Jun. 2024 (€9 Mil) to Dec. 2024 (€34 Mil).

BAIC Motor's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€23 Mil) to Dec. 2023 (€8 Mil) but then increased from Dec. 2023 (€8 Mil) to Dec. 2024 (€34 Mil).

BAIC Motor Long-Term Capital Lease Obligation Historical Data

The historical data trend for BAIC Motor'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.

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BAIC Motor Long-Term Capital Lease Obligation Chart

BAIC Motor Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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7.44

7.65

22.95

7.90

34.41

BAIC Motor Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															22.95	14.73	7.90	8.62	34.41

BAIC Motor (STU:2B5) 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.

BAIC Motor Long-Term Capital Lease Obligation Related Terms

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BAIC Motor Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » BAIC Motor Corp Ltd (STU:2B5) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BMCLF:USA BCCMY:USA 01958:Hong Kong 2B5:Germany

Address

No. 99 Shuanghe Street, A5-061, Unit 101, 5th Floor, Building No 1, Courtyard, Shunyi District, Beijing, CHN, 101300

Website

https://www.baicmotor.com

BAIC Motor Corp Ltd is a provincial state-owned enterprise that manufactures passenger vehicles (PV) and automotive components. The majority of the company's revenue and operating profits come from joint ventures with Mercedes Benz and Hyundai. The firm also manufactures and sells its own vehicles under the Beijing Brand. The company has two reportable segments which are Oil-powered vehicles which involve manufacturing and sales of passenger vehicles of fuel, and providing other businesses and related services, and New energy vehicles which also includes manufacturing and sales of passenger vehicles of new energy, and providing other business and related services.

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