Sto SE KGaA (XTER:STO3) Long-Term Capital Lease Obligation : €79 Mil (As of Dec. 2023)

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What is Sto SE KGaA Long-Term Capital Lease Obligation?

Sto SE KGaA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €79 Mil.

Sto SE KGaA's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€61 Mil) to Jun. 2023 (€59 Mil) but then increased from Jun. 2023 (€59 Mil) to Dec. 2023 (€79 Mil).

Sto SE KGaA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€67 Mil) to Dec. 2022 (€61 Mil) but then increased from Dec. 2022 (€61 Mil) to Dec. 2023 (€79 Mil).

Sto SE KGaA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sto SE KGaA'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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Sto SE KGaA Long-Term Capital Lease Obligation Chart

Sto SE KGaA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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47.22

46.15

67.21

60.69

79.11

Sto SE KGaA Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															67.21	63.27	60.69	58.83	79.11

Sto SE KGaA (XTER:STO3) 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.

Sto SE KGaA Long-Term Capital Lease Obligation Related Terms

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Sto SE KGaA (XTER:STO3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sto SE & Co KGaA (XTER:STO3) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

STO3:Germany STO3:Germany

Address

Ehrenbachstrasse 1, Stuhlingen, BW, DEU, DE-79780

Website

https://www.sto.com

Sto SE & Co KGaA is a manufacturer of products and systems for building coatings. It operates in the following segments: facade systems; facade coatings; Interiors, which include plaster and paint systems for home and office interiors and decorative coatings, interior claddings & acoustic systems for regulating sound; and other product groups include high-quality floor coatings and products for concrete repair.

Sto SE KGaA (XTER:STO3) Headlines

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