Siemens AG (XTER:SIE) Long-Term Capital Lease Obligation : €0 Mil (As of Dec. 2023)

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What is Siemens AG Long-Term Capital Lease Obligation?

Siemens AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil.

Siemens AG's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (€0 Mil) to Sep. 2023 (€2,230 Mil) but then declined from Sep. 2023 (€2,230 Mil) to Dec. 2023 (€0 Mil).

Siemens AG's annual Long-Term Capital Lease Obligation increased from Sep. 2021 (€2,228 Mil) to Sep. 2022 (€2,299 Mil) but then declined from Sep. 2022 (€2,299 Mil) to Sep. 2023 (€2,230 Mil).

Siemens AG Long-Term Capital Lease Obligation Historical Data

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

Siemens AG Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

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90.00

2,146.00

2,228.00

2,299.00

2,230.00

Siemens AG Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	2,194.00	-	2,230.00	-

Siemens AG (XTER:SIE) 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.

Siemens AG Long-Term Capital Lease Obligation Related Terms

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Siemens AG (XTER:SIE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens AG (XTER:SIE) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

SMAWF:USA SIEGY:USA SIE:Mexico SIE:Italy SIEMENS:Hungary SIEd:UK 0P6M:UK SIE:Austria

Address

Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333

Website

https://www.siemens.com

Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

Executives

Martina Merz	Supervisory Board
Bettina Haller	Supervisory Board
Christian Pfeiffer	Supervisory Board
Matthias Rebellius	Board of Directors
Judith Wiese	Board of Directors
Dr. Nathalie Von Siemens	Supervisory Board

Siemens AG (XTER:SIE) Headlines

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