ITOCHU (FRA:IOC) Long-Term Capital Lease Obligation : €5,002 Mil (As of Mar. 2024)

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What is ITOCHU Long-Term Capital Lease Obligation?

ITOCHU's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €5,002 Mil.

ITOCHU's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€4,951 Mil) to Dec. 2023 (€4,951 Mil) and increased from Dec. 2023 (€4,951 Mil) to Mar. 2024 (€5,002 Mil).

ITOCHU's annual Long-Term Capital Lease Obligation declined from Mar. 2022 (€5,936 Mil) to Mar. 2023 (€5,354 Mil) and declined from Mar. 2023 (€5,354 Mil) to Mar. 2024 (€5,002 Mil).

ITOCHU Long-Term Capital Lease Obligation Historical Data

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

ITOCHU Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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7,878.88

6,376.71

5,935.90

5,354.49

5,001.58

ITOCHU 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															5,354.49	5,028.88	4,950.78	4,951.48	5,001.58

ITOCHU (FRA:IOC) 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.

ITOCHU Long-Term Capital Lease Obligation Related Terms

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ITOCHU (FRA:IOC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » ITOCHU Corp (FRA:IOC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ITOCY:USA ITOCF:USA 8001:Japan IOC:Austria

Address

5-1, Kita Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8077

Website

https://www.itochu.co.jp

ITOCHU Corp is a group of businesses that engage in importing, exporting, and trading various products. The traded goods include textiles, machinery, metals, minerals, energy, chemicals, food, general products, realty, and information and communications technology. The largest segments by net profit to the group are Food and Energy and Chemicals. Food segment pursues efficiency-oriented operations from production and distribution to retail in all areas of food from raw materials to finished products both in Japan and overseas. The energy and chemicals segment trades crude oil and oil derivatives and chemicals.