Unibail-Rodamco-Westfield (STU:UBLB) Long-Term Capital Lease Obligation : €921 Mil (As of Dec. 2023)

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What is Unibail-Rodamco-Westfield Long-Term Capital Lease Obligation?

Unibail-Rodamco-Westfield's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €921 Mil.

Unibail-Rodamco-Westfield's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€843 Mil) to Jun. 2023 (€931 Mil) but then declined from Jun. 2023 (€931 Mil) to Dec. 2023 (€921 Mil).

Unibail-Rodamco-Westfield's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€753 Mil) to Dec. 2022 (€843 Mil) and increased from Dec. 2022 (€843 Mil) to Dec. 2023 (€921 Mil).

Unibail-Rodamco-Westfield Long-Term Capital Lease Obligation Historical Data

The historical data trend for Unibail-Rodamco-Westfield'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.

Unibail-Rodamco-Westfield Long-Term Capital Lease Obligation Chart

Unibail-Rodamco-Westfield Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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806.70

796.60

752.60

843.30

921.00

Unibail-Rodamco-Westfield Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															752.60	851.80	843.30	930.90	921.00

Unibail-Rodamco-Westfield (STU:UBLB) 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.

Unibail-Rodamco-Westfield Long-Term Capital Lease Obligation Related Terms

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Unibail-Rodamco-Westfield (STU:UBLB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Unibail-Rodamco-Westfield (STU:UBLB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

UNBLF:USA URWp:UK 0YO9:UK URW:France URW:Australia UL:Austria

Address

7, Place du Chancelier Adenauer - CS, Paris, FRA, 31622-772

Website

https://www.urw.com

Unibail-Rodamco-Westfield owns a portfolio of quality malls, about two thirds in continental Europe. Since acquiring Westfield in 2018 URW also has about 10% in the U.K. and about 25% in the U.S., but it plans to drastically reduce exposure to the latter. More than 90% of rent comes from shopping centers, the remainder from offices, mostly Paris, as well as some offices attached to mixed-use assets around the world, and a similar amount from a conventions and exhibitions business in France.

Unibail-Rodamco-Westfield (STU:UBLB) Headlines

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