Renault (WBO:RNO) Long-Term Capital Lease Obligation : €441 Mil (As of Dec. 2024)

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What is Renault Long-Term Capital Lease Obligation?

Renault's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €441 Mil.

Renault's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€461 Mil) to Jun. 2024 (€457 Mil) and declined from Jun. 2024 (€457 Mil) to Dec. 2024 (€441 Mil).

Renault's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€446 Mil) to Dec. 2023 (€461 Mil) but then declined from Dec. 2023 (€461 Mil) to Dec. 2024 (€441 Mil).

Renault Long-Term Capital Lease Obligation Historical Data

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

Renault Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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530.00

479.00

446.00

461.00

441.00

Renault 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															446.00	437.00	461.00	457.00	441.00

Renault (WBO:RNO) 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.

Renault Long-Term Capital Lease Obligation Related Terms

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Renault Business Description

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Comparable Companies

Traded in Other Exchanges

RNSDF:USA RNLSY:USA 1RNO:Italy RNOp:UK 0NQF:UK RNO:France RNL:Germany

Address

122/122 bis avenue du General Leclerc, Boulogne, Billancourt, FRA, 92100

Website

http://www.renault.com

Renault manufactures and sells around 2.3 million vehicles per year. On a global scale, it is relatively small, with just over 2% market share. With around 80% of its revenue sourced from only three brands - Renault, Dacia, and Alpine - in Europe, the company is the third-largest player, with Renault being the third-largest single brand in Europe. Its alliance with Nissan allows it to leverage the scale of 6 million vehicles by sharing platform infrastructure, capacity, and R&D.

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