GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trelleborg AB (OTCPK:TBABF) » Definitions » Long-Term Capital Lease Obligation

Trelleborg AB (Trelleborg AB) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Trelleborg AB Long-Term Capital Lease Obligation?

Trelleborg AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

Trelleborg AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($129 Mil) but then declined from Dec. 2023 ($129 Mil) to Mar. 2024 ($0 Mil).

Trelleborg AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($187 Mil) to Dec. 2022 ($131 Mil) and declined from Dec. 2022 ($131 Mil) to Dec. 2023 ($129 Mil).

Trelleborg AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Trelleborg 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.

Trelleborg AB Long-Term Capital Lease Obligation Chart

Trelleborg AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 206.95 200.88 187.03 130.66 128.59

Trelleborg 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 - - - 128.59 -

Trelleborg AB  (OTCPK:TBABF) 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.

Trelleborg AB Long-Term Capital Lease Obligation Related Terms

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

Trelleborg AB (Trelleborg AB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Trelleborg AB (OTCPK:TBABF) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
OSTO:BEIJ B OSTO:MYCR OSTO:EPRO B OSTO:TROAX OSTO:BEIA B OSTO:ALFA OSTO:ALIG OSTO:COIC OSTO:NMAN OSTO:XANO B GE XTER:SIE XPAR:SU ETN ITW OSTO:ATCO A PH XKRX:373220 EMR AME
Traded in Other Exchanges
TREL B:Sweden TRELBs:UK 0NL3:UK TLLB:Germany
Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Website
https://www.trelleborg.com
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.