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Covestro AG (WBO:1COV) Short-Term Capital Lease Obligation : €110 Mil (As of Dec. 2023)


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What is Covestro AG Short-Term Capital Lease Obligation?

Covestro AG's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €110 Mil.

Covestro AG's quarterly Short-Term Capital Lease Obligation stayed the same from Jun. 2023 (€0 Mil) to Sep. 2023 (€0 Mil) but then increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€110 Mil).

Covestro AG's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€130 Mil) to Dec. 2022 (€135 Mil) but then declined from Dec. 2022 (€135 Mil) to Dec. 2023 (€110 Mil).

Covestro AG Short-Term Capital Lease Obligation Historical Data

The historical data trend for Covestro AG's Short-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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Covestro AG Short-Term Capital Lease Obligation Chart

Covestro AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.00 111.00 130.00 135.00 110.00

Covestro AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Short-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 135.00 - - - 110.00

Covestro AG Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Covestro AG Short-Term Capital Lease Obligation Related Terms

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Covestro AG (WBO:1COV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Covestro AG (WBO:1COV) » Definitions » Short-Term Capital Lease Obligation
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Traded in Other Exchanges
COVTY:USA CVVTF:USA 11COV:Italy 1COVd:UK 0RBE:UK 1COV:Germany
Address
Kaiser-Wilhelm-Allee 60, Leverkusen, NW, DEU, 51373
Website
https://www.covestro.com/en
Covestro, formerly Bayer Material Science, was spun off from the Bayer Group in 2015. The firm is a market leader in polyurethanes and polycarbonates, products that the company discovered in the mid-20th century. It also has a sizable speciality chemicals business that is focused on coatings and adhesives. Demand for Covestro's products is driven primarily by cyclical end markets, such as automotive, construction, and furniture.

Covestro AG (WBO:1COV) Headlines

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