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OPmobility (FRA:EZM) Long-Term Capital Lease Obligation : €249 Mil (As of Dec. 2023)


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What is OPmobility Long-Term Capital Lease Obligation?

OPmobility's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €249 Mil.

OPmobility's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€230 Mil) to Jun. 2023 (€228 Mil) but then increased from Jun. 2023 (€228 Mil) to Dec. 2023 (€249 Mil).

OPmobility's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€166 Mil) to Dec. 2022 (€230 Mil) and increased from Dec. 2022 (€230 Mil) to Dec. 2023 (€249 Mil).

OPmobility Long-Term Capital Lease Obligation Historical Data

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

OPmobility Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 171.98 173.68 165.98 230.13 249.48

OPmobility Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 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 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 165.98 155.27 230.13 228.04 249.48

OPmobility  (FRA:EZM) 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.

OPmobility Long-Term Capital Lease Obligation Related Terms

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OPmobility (FRA:EZM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » OPmobility (FRA:EZM) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
0NW1:UK POM:France EZM:Germany
Address
1, Allee Pierre-Burelle, Levallois-Perret, Paris, FRA, 92300
Website
https://www.plasticomnium.com
Plastic Omnium is a producer and supplier of automotive body parts and fuel systems. The company operates two business segments: Plastic Omnium Industries and Plastic Omnium Modules. The Industries division manufactures and sells automotive body parts, such as bumpers and tailgates, and fuel systems, including clean energy systems, exclusively to carmakers. The Modules division includes front-end modules assembly and logistics. The company owns a controlling stake in HBPO, which develops and distributes complex automotive technological elements. The company operates in Europe, North America, Asia, South America, and Africa, with carmakers as its main clients. Plastic Omnium generates the majority of its revenue in Europe and North America.