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Alimak Group AB (OSTO:ALIG) Long-Term Capital Lease Obligation : kr213 Mil (As of Mar. 2024)


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What is Alimak Group AB Long-Term Capital Lease Obligation?

Alimak Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr213 Mil.

Alimak Group AB's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (kr190 Mil) to Dec. 2023 (kr180 Mil) but then increased from Dec. 2023 (kr180 Mil) to Mar. 2024 (kr213 Mil).

Alimak Group AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr116 Mil) to Dec. 2022 (kr210 Mil) but then declined from Dec. 2022 (kr210 Mil) to Dec. 2023 (kr180 Mil).


Alimak Group AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alimak Group AB'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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Alimak Group AB Long-Term Capital Lease Obligation Chart

Alimak Group AB 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 202.90 158.10 116.00 210.00 180.00

Alimak Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 204.00 200.00 190.00 180.00 213.00

Alimak Group AB  (OSTO:ALIG) 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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Alimak Group AB (OSTO:ALIG) Business Description

Industry
Traded in Other Exchanges
Address
Blekholmstorget 30, Stockholm, SWE, SE-111 64
Alimak Group AB provides vertical access solutions to the permanently and temporarily installed products designed for residential, industrial, commercial and construction applications. The company has five segments, Facade Access, Construction, Height Safety and Productivity solutions, Industrial and Wind. The Group operates in various countries and all operating segments are represented in the geographical regions of Europe, Asia and Australia, South and North America and Other Markets. The Group develops, manufactures, sells and services various solutions with a focus on adding customer value through enhanced safety, higher productivity and improved cost efficiency. The products and solutions are sold under the brands Alimak, Tractel, CoxGomyl, Manntech, Avanti and Scanclimber.

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