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Vossloh AG (Vossloh AG) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)


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What is Vossloh AG Long-Term Capital Lease Obligation?

Vossloh AG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

Vossloh AG's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($29 Mil) but then declined from Dec. 2023 ($29 Mil) to Mar. 2024 ($0 Mil).

Vossloh AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($37 Mil) to Dec. 2022 ($32 Mil) and declined from Dec. 2022 ($32 Mil) to Dec. 2023 ($29 Mil).


Vossloh AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Vossloh AG'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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Vossloh AG Long-Term Capital Lease Obligation Chart

Vossloh AG 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 41.67 41.85 36.61 31.78 28.90

Vossloh AG 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 - - - 28.90 -

Vossloh AG  (OTCPK:VOSSF) 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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Vossloh AG (Vossloh AG) Business Description

Industry
Traded in Other Exchanges
Address
Vosslohstrasse 4, PO Box 1860, Werdohl, NW, DEU, 58791
Vossloh AG is a rail infrastructure manufacturer domiciled in Germany. The company organizes itself into three segments: customized modules (switch systems), core components, and life cycle solutions (rail solutions). The customized modules segment, which generates the majority of revenue, manufactures, installs, and maintains switch systems and monitoring equipment for rail networks. The core components segment, the next most significant segment, provides rail fastening systems and manufactures concrete railway ties. The life cycle solutions segment maintains, tracks, switches, and recycles old rails. The company derives the majority of revenue in Europe, with significant operations in Asia and the Americas.

Vossloh AG (Vossloh AG) Headlines

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