Daimler Truck Holding AG (FRA:DTG) Long-Term Capital Lease Obligation : €960 Mil (As of Dec. 2023)

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What is Daimler Truck Holding AG Long-Term Capital Lease Obligation?

Daimler Truck Holding AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €960 Mil.

Daimler Truck Holding AG's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€973 Mil) to Sep. 2023 (€947 Mil) but then increased from Sep. 2023 (€947 Mil) to Dec. 2023 (€960 Mil).

Daimler Truck Holding AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€1,061 Mil) to Dec. 2022 (€1,002 Mil) and declined from Dec. 2022 (€1,002 Mil) to Dec. 2023 (€960 Mil).

Daimler Truck Holding AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Daimler Truck Holding 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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Daimler Truck Holding AG Long-Term Capital Lease Obligation Chart

Daimler Truck Holding AG Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,355.00

1,163.00

1,061.00

1,002.00

960.00

Daimler Truck Holding AG Quarterly Data
	Dec18	Dec19	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											1,002.00	1,039.00	973.00	947.00	960.00

Daimler Truck Holding AG (FRA:DTG) 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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Daimler Truck Holding AG (FRA:DTG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Daimler Truck Holding AG (FRA:DTG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

DTGHF:USA DTRUY:USA DTG:Romania DTGd:UK DTG1:Germany DTG:Germany DTG:Austria

Address

Fasanenweg 10, Leinfelden-Echterdingen, BW, DEU, 70771

Website

https://www.daimlertruck.com

Daimler Truck Holding AG is a commercial vehicle manufacturer. It operates through various brands including Bharat Benz, Freightliner, Fuso, Mercedes-Benz, Setra, Thomas Built Buses, and Western Star. Its products include Trucks, Buses, and Financial Services. The Group has five reportable segments: Trucks North America, Mercedes-Benz, Trucks Asia, Daimler Buses, and Financial Services. It generates maximum revenue from the Trucks North America segment. The Trucks North America segment develops, manufactures and sells trucks under the Freightliner and Western Star brands in North America. The segment's product range also includes buses of Thomas Built Buses as well as bus chassis.

Executives

Stephan Unger	Board of Directors
Jürgen Hartwig	Board of Directors
Dr. Andreas Gorbach	Board of Directors
John O’leary	Board of Directors
Jochen Götz	Board of Directors
Karl Deppen	Board of Directors
Thomas Martin Daum	Board of Directors
Martin Daum	Board of Directors

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