Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Long-Term Capital Lease Obligation : $106 Mil (As of Mar. 2024)

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What is Coca-Cola FemsaB de CV Long-Term Capital Lease Obligation?

Coca-Cola FemsaB de CV's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $106 Mil.

Coca-Cola FemsaB de CV's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($93 Mil) to Dec. 2023 ($104 Mil) and increased from Dec. 2023 ($104 Mil) to Mar. 2024 ($106 Mil).

Coca-Cola FemsaB de CV's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($43 Mil) to Dec. 2022 ($85 Mil) and increased from Dec. 2022 ($85 Mil) to Dec. 2023 ($104 Mil).

Coca-Cola FemsaB de CV Long-Term Capital Lease Obligation Historical Data

The historical data trend for Coca-Cola FemsaB de CV'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.

Coca-Cola FemsaB de CV Long-Term Capital Lease Obligation Chart

Coca-Cola FemsaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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47.72

37.50

43.43

85.30

104.22

Coca-Cola FemsaB de CV 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															-	105.99	92.72	104.22	105.63

Coca-Cola FemsaB de CV (NYSE:KOF) 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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Coca-Cola FemsaB de CV (Coca-Cola FemsaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Femsa SAB de CV (NYSE:KOF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

COCSF:USA KOFUBL:Mexico CFS5:Germany CFSL:Germany CFSL:Germany KOF:Argentina

Address

Calle Mario Pani Number 100, Santa Fe Cuajimalpa, Cuajimalpa de Morelos, Ciudad de Mexico, DF, MEX, 05348

Website

https://www.coca-colafemsa.com

Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in unit case volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through on-trade and off-trade channels, including retailers and food-service providers. Mexico and Brazil make up 80% of total sales for Coca-Cola Femsa, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting rights.