COSUMAR (CAS:CSR) Long-Term Capital Lease Obligation : MAD0 Mil (As of Dec. 2023)

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What is COSUMAR Long-Term Capital Lease Obligation?

COSUMAR's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0 Mil.

COSUMAR's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (MAD0 Mil) to Jun. 2023 (MAD70 Mil) but then declined from Jun. 2023 (MAD70 Mil) to Dec. 2023 (MAD0 Mil).

COSUMAR's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (MAD75 Mil) to Dec. 2022 (MAD0 Mil) but then stayed the same from Dec. 2022 (MAD0 Mil) to Dec. 2023 (MAD0 Mil).

COSUMAR Long-Term Capital Lease Obligation Historical Data

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

COSUMAR Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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86.70

84.80

75.30

COSUMAR Semi-Annual Data
	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															75.30	72.40	-	69.90	-

COSUMAR (CAS:CSR) 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.

COSUMAR Long-Term Capital Lease Obligation Related Terms

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COSUMAR (CAS:CSR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » COSUMAR SA (CAS:CSR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 rue Mouatamid Ibnou Abbad, BP 3098 Roches Noires, Casablanca, MAR

Website

https://www.cosumar.co.ma

COSUMAR SA is a Moroccan company specializing in sugar extraction, refining, and sugar packaging. The company's product portfolio includes sugar loaves, the lump, granulated sugar, ingots, pellets, bagasse, and molasses.