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Abbott Laboratories (XSWX:ABT) Long-Term Capital Lease Obligation : CHF821 Mil (As of Dec. 2023)


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What is Abbott Laboratories Long-Term Capital Lease Obligation?

Abbott Laboratories's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF821 Mil.

Abbott Laboratories's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 (CHF0 Mil) to Sep. 2023 (CHF0 Mil) but then increased from Sep. 2023 (CHF0 Mil) to Dec. 2023 (CHF821 Mil).

Abbott Laboratories's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (CHF880 Mil) to Dec. 2022 (CHF878 Mil) and declined from Dec. 2022 (CHF878 Mil) to Dec. 2023 (CHF821 Mil).


Abbott Laboratories Long-Term Capital Lease Obligation Historical Data

The historical data trend for Abbott Laboratories'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.

Abbott Laboratories Long-Term Capital Lease Obligation Chart

Abbott Laboratories 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 741.86 801.34 880.48 878.50 820.70

Abbott Laboratories 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 - - - 820.70 -

Abbott Laboratories  (XSWX:ABT) 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.

Abbott Laboratories Long-Term Capital Lease Obligation Related Terms

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Abbott Laboratories (XSWX:ABT) Business Description

Address
100 Abbott Park Road, Abbott Park, IL, USA, 60064-6400
Abbott manufactures and markets cardiovascular and diabetes devices, adult and pediatric nutritional products, diagnostic equipment and testing kits, and branded generic drugs. Products include pacemakers, implantable cardioverter defibrillators, neuromodulation devices, coronary stents, catheters, infant formula, nutritional liquids for adults, continuous glucose monitors, and immunoassays and point-of-care diagnostic equipment. Abbott derives approximately 60% of sales outside the United States.

Abbott Laboratories (XSWX:ABT) Headlines

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