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Automatic Data Processing (XTER:ADP) Long-Term Capital Lease Obligation : €262 Mil (As of Mar. 2025)


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What is Automatic Data Processing Long-Term Capital Lease Obligation?

Automatic Data Processing's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €262 Mil.

Automatic Data Processing's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€285 Mil) to Dec. 2024 (€287 Mil) but then declined from Dec. 2024 (€287 Mil) to Mar. 2025 (€262 Mil).

Automatic Data Processing's annual Long-Term Capital Lease Obligation declined from Jun. 2022 (€351 Mil) to Jun. 2023 (€323 Mil) and declined from Jun. 2023 (€323 Mil) to Jun. 2024 (€305 Mil).


Automatic Data Processing Long-Term Capital Lease Obligation Historical Data

The historical data trend for Automatic Data Processing'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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Automatic Data Processing Long-Term Capital Lease Obligation Chart

Automatic Data Processing Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 305.83 284.86 350.87 322.96 305.27

Automatic Data Processing 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 284.37 305.27 284.81 286.79 261.96

Automatic Data Processing  (XTER:ADP) 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.

Automatic Data Processing Long-Term Capital Lease Obligation Related Terms

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Automatic Data Processing Business Description

Industry
Address
One ADP Boulevard, Roseland, NJ, USA, 07068
Automatic Data Processing is a global technology company providing cloud-based human capital management solutions enabling clients to better implement payroll, talent, time, tax, and benefits administration. Additionally, ADP provides human resource outsourcing solutions that allow customers to offload some of their traditional HR tasks. The company operates through two segments: employer services and the professional employer organization services. Employer services consists of the company's HCM products as well as a la carte HRO solutions. PEO services contains ADP's comprehensive HRO solution where it acts as a co-employer with its customer. As of fiscal 2024, ADP serves over 1.1 million clients and pays over 42 million workers across 140 countries.