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BHG Group AB (OSTO:BHG) Long-Term Capital Lease Obligation : kr394 Mil (As of Mar. 2024)


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

BHG Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr394 Mil.

BHG Group AB's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (kr491 Mil) to Dec. 2023 (kr427 Mil) and declined from Dec. 2023 (kr427 Mil) to Mar. 2024 (kr394 Mil).

BHG Group AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr622 Mil) to Dec. 2022 (kr566 Mil) and declined from Dec. 2022 (kr566 Mil) to Dec. 2023 (kr427 Mil).


BHG Group AB Long-Term Capital Lease Obligation Historical Data

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

BHG Group AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 339.70 449.80 622.00 566.30 427.40

BHG 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 631.10 572.00 490.60 427.40 394.20

BHG Group AB  (OSTO:BHG) 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.

BHG Group AB Long-Term Capital Lease Obligation Related Terms

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BHG Group AB (OSTO:BHG) Business Description

Industry
Traded in Other Exchanges
Address
Hans Michelsensgatan 9, Malmo, SWE, 211 20
BHG Group AB is a consumer e-commerce company in the Nordics and is also present in the rest of Europe, as well as in selected markets outside of Europe. It provides Home improvement space, meaning Do-It-Yourself and Home furnishings. The group's operations are divided into two operating segments: the DIY segment, which mainly comprises brands active in sales of building materials and garden and leisure products, including Bygghemma, Taloon, Golvpoolen, Nordiska Fonster, Outlet1, Hafa, and Hylte Jakt and Tradgard and the Home Furnishing segment, which mainly comprises brands active in sales of furniture and home furnishings, including Trademax, Chilli, Nordic Nest, Sleepo, Furniturebox, Svensson, and Gartenmobel.

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