Dow (WBO:DOW) Long-Term Capital Lease Obligation : €985 Mil (As of Mar. 2024)

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What is Dow Long-Term Capital Lease Obligation?

Dow's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €985 Mil.

Dow's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€956 Mil) to Dec. 2023 (€1,747 Mil) but then declined from Dec. 2023 (€1,747 Mil) to Mar. 2024 (€985 Mil).

Dow's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€1,786 Mil) to Dec. 2022 (€1,687 Mil) but then increased from Dec. 2022 (€1,687 Mil) to Dec. 2023 (€1,747 Mil).

Dow Long-Term Capital Lease Obligation Historical Data

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

Dow Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,565.10

1,676.06

1,785.93

1,686.93

1,746.89

Dow 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															940.54	956.23	955.74	1,746.89	985.32

Dow (WBO:DOW) 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.

Dow Long-Term Capital Lease Obligation Related Terms

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Dow (WBO:DOW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Dow Inc (WBO:DOW) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

DOW:USA 1DOW:Italy 2OY:Germany D1OW34:Brazil

Address

2211 H.H. Dow Way, Midland, MI, USA, 48674

Website

https://www.dow.com

Dow Chemical is a diversified global chemicals producer, formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.