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BGOUF (Bang & Olufsen AS) Long-Term Capital Lease Obligation : $12.3 Mil (As of Feb. 2025)


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What is Bang & Olufsen AS Long-Term Capital Lease Obligation?

Bang & Olufsen AS's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was $12.3 Mil.

Bang & Olufsen AS's quarterly Long-Term Capital Lease Obligation declined from Aug. 2024 ($15.7 Mil) to Nov. 2024 ($14.2 Mil) and declined from Nov. 2024 ($14.2 Mil) to Feb. 2025 ($12.3 Mil).

Bang & Olufsen AS's annual Long-Term Capital Lease Obligation increased from May. 2022 ($13.5 Mil) to May. 2023 ($15.9 Mil) and increased from May. 2023 ($15.9 Mil) to May. 2024 ($17.0 Mil).


Bang & Olufsen AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bang & Olufsen AS'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.

Bang & Olufsen AS Long-Term Capital Lease Obligation Chart

Bang & Olufsen AS Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.04 19.11 13.49 15.90 16.96

Bang & Olufsen AS Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 12.89 16.96 15.66 14.24 12.29

Bang & Olufsen AS  (OTCPK:BGOUF) 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.

Bang & Olufsen AS Long-Term Capital Lease Obligation Related Terms

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Bang & Olufsen AS Business Description

Industry
Traded in Other Exchanges
Address
Bang og Olufsen Alle 1, Struer, DNK, DK-7600
Bang & Olufsen AS designs, develops, and markets audio and video products including music systems, loudspeakers, television sets, and multimedia products. Geographically, it derives a majority of its revenue from EMEA, Followed by Americas, and APAC. It generates maximum revenue from the Staged product category followed by On-the-go; Flexible Living Brand Partnering and other activities.

Bang & Olufsen AS Headlines

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