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Applied Materials (WBO:AMAT) Long-Term Capital Lease Obligation : €220 Mil (As of Jan. 2024)


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What is Applied Materials Long-Term Capital Lease Obligation?

Applied Materials's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was €220 Mil.

Applied Materials's quarterly Long-Term Capital Lease Obligation declined from Jul. 2023 (€308 Mil) to Oct. 2023 (€239 Mil) and declined from Oct. 2023 (€239 Mil) to Jan. 2024 (€220 Mil).

Applied Materials's annual Long-Term Capital Lease Obligation increased from Oct. 2021 (€197 Mil) to Oct. 2022 (€291 Mil) but then declined from Oct. 2022 (€291 Mil) to Oct. 2023 (€239 Mil).


Applied Materials Long-Term Capital Lease Obligation Historical Data

The historical data trend for Applied Materials'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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Applied Materials Long-Term Capital Lease Obligation Chart

Applied Materials Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 165.75 196.54 291.31 238.64

Applied Materials Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 345.22 327.41 308.26 238.64 220.32

Applied Materials  (WBO:AMAT) 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.

Applied Materials Long-Term Capital Lease Obligation Related Terms

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Applied Materials (WBO:AMAT) Business Description

Industry
Address
3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA, USA, 95052-8039
Applied Materials is the largest semiconductor wafer fabrication equipment, or WFE, manufacturer in the world. Applied Materials has a broad portfolio spanning nearly every corner of the WFE ecosystem. Specifically, Applied Materials holds a market share leadership position in deposition, which entails the layering of new materials on semiconductor wafers. It is more exposed to general-purpose logic chips made at integrated device manufacturers and foundries. It counts the largest chipmakers in the world as customers, including TSMC, Intel, and Samsung.