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KUKA AG (XTER:KU2) Long-Term Capital Lease Obligation : €91 Mil (As of Dec. 2022)


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What is KUKA AG Long-Term Capital Lease Obligation?

KUKA AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was €91 Mil.

KUKA AG's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (€94 Mil) to Sep. 2022 (€94 Mil) but then declined from Sep. 2022 (€94 Mil) to Dec. 2022 (€91 Mil).

KUKA AG's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (€93 Mil) to Dec. 2021 (€94 Mil) but then declined from Dec. 2021 (€94 Mil) to Dec. 2022 (€91 Mil).


KUKA AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for KUKA AG'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.

* Premium members only.

KUKA AG Long-Term Capital Lease Obligation Chart

KUKA AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 101.60 105.80 92.90 94.40 90.70

KUKA AG Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 94.40 94.40 93.50 93.80 90.70

KUKA AG  (XTER:KU2) 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.

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KUKA AG (XTER:KU2) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Zugspitzstrasse 140, Augsburg, BY, DEU, 86165
KUKA AG supplies industrial robotics and offers support to plant and systems engineering. Its product portfolio ranges from intelligent automation solutions and individual components to complete production lines. The company integrates mechatronics know-how with cloud technologies and mobile platforms. Solutions may be customized for customers and vary from heavy-duty robots to small models. Kuka operates five business segments: Robotics, Systems, Swisslog, Swisslog Healthcare, and China.
Executives
Peter Mohnen Board of Directors

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