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FMC (FMC) Long-Term Capital Lease Obligation : $123 Mil (As of Dec. 2023)


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What is FMC Long-Term Capital Lease Obligation?

FMC's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $123 Mil.

FMC's quarterly Long-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 ($123 Mil).

FMC's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($140 Mil) to Dec. 2022 ($129 Mil) and declined from Dec. 2022 ($129 Mil) to Dec. 2023 ($123 Mil).


FMC Long-Term Capital Lease Obligation Historical Data

The historical data trend for FMC'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.

FMC Long-Term Capital Lease Obligation Chart

FMC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 163.20 151.10 140.00 128.60 123.20

FMC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 128.60 - - - 123.20

FMC  (NYSE:FMC) 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.

FMC Long-Term Capital Lease Obligation Related Terms

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FMC (FMC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » FMC Corp (NYSE:FMC) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
Executives
Robert C Pallash director 17000 ROTUNDA DRIVE, DEARBORN MI 48120
Jacqueline Scanlan officer: Executive VP & Chief HRO HAEMONETICS CORPORATION, 400 WOOD ROAD, BRAINTREE MA 02184
Ronaldo Pereira officer: EVP, President, FMC Americas 1620 MONK RD, GLADWYNE PA 19035
Nicholas Pfeiffer officer: Corporate Controller 1735 MARKET STREET, PHILADELPHIA PA 19103
Patricia Verduin director ONE CONAGRA DRIVE, OMAHA NE 68102
Mark Douglas officer: Pres., Agricultural Solutions ROHM AND HAAS COMPANY, 100 INDEPENDENCE MALL WEST, PHILADELPHIA PA 19106
Vsevolod Rostovtsev officer: VP & Chief Technology Officer 909 TWYCKENHAM ROAD, MEDIA PA 19063
Andrew D Sandifer officer: EVP and CFO FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Michael Finian Reilly officer: EVP, General Counsel & Sec. FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Kathy Lynn Fortmann director INTERNATIONAL FLAVORS & FRAGRANCES INC., 521 WEST 57TH STREET, NEW YORK NY 10019
Kathleen Shelton officer: EVP, Chief Technology Officer 630 UNIVERSITY PLACE, SWARTHMORE PA 19081
Diane Allemang officer: EVP & Chief Marketing Officer 1615 NORTH CLEVELAND STREET, ARLINGTON VA 22201
Carol Anthony Davidson director
Eduardo E Cordeiro director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Volpe Vincent R Jr director C/O DRESSER-RAND GROUP INC, PAUL CLARK DRIVE, OLEAN NY 14760