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Verizon Communications (WBO:VZ) Long-Term Capital Lease Obligation : €17,926 Mil (As of Mar. 2025)


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What is Verizon Communications Long-Term Capital Lease Obligation?

Verizon Communications's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €17,926 Mil.

Verizon Communications's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€17,342 Mil) to Dec. 2024 (€19,031 Mil) but then declined from Dec. 2024 (€19,031 Mil) to Mar. 2025 (€17,926 Mil).

Verizon Communications's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€20,351 Mil) to Dec. 2023 (€18,342 Mil) but then increased from Dec. 2023 (€18,342 Mil) to Dec. 2024 (€19,031 Mil).


Verizon Communications Long-Term Capital Lease Obligation Historical Data

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

Verizon Communications Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,796.00 20,534.66 20,350.75 18,341.83 19,031.24

Verizon Communications Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 18,081.68 18,074.62 17,341.55 19,031.24 17,925.58

Verizon Communications  (WBO:VZ) 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.

Verizon Communications Long-Term Capital Lease Obligation Related Terms

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Verizon Communications Business Description

Address
1095 Avenue of the Americas, New York, NY, USA, 10036
Wireless services account for nearly 75% of Verizon Communications' total service revenue and nearly all of its operating income. The firm serves about 93 million postpaid and 20 million prepaid phone customers via its nationwide network, making it the largest US wireless carrier. Fixed-line telecom operations include local networks in the Northeast, which reach about 30 million homes and businesses, including about 20 million with the Fios fiber optic network. These networks serve about 8 million broadband customers. Verizon also provides telecom services nationwide to enterprise customers, often using a mixture of its own and other carriers' networks. Verizon agreed to acquire Frontier Communications in September 2024.