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Veralto (FRA:RZ2) Long-Term Capital Lease Obligation : €0 Mil (As of Mar. 2024)


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What is Veralto Long-Term Capital Lease Obligation?

Veralto's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil.

Veralto's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€105 Mil) but then declined from Dec. 2023 (€105 Mil) to Mar. 2024 (€0 Mil).

Veralto's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€89 Mil) to Dec. 2022 (€86 Mil) but then increased from Dec. 2022 (€86 Mil) to Dec. 2023 (€105 Mil).


Veralto Long-Term Capital Lease Obligation Historical Data

The historical data trend for Veralto'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.

* Premium members only.

Veralto Long-Term Capital Lease Obligation Chart

Veralto Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 89.39 85.90 105.46

Veralto Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 105.46 -

Veralto  (FRA:RZ2) 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.

Veralto Long-Term Capital Lease Obligation Related Terms

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Veralto (FRA:RZ2) Business Description

Industry
Traded in Other Exchanges
Address
c/o Danaher Corporation, Suite 800W, 2200 Pennsylvania Avenue, N.W, Washington DC, WA, USA, 20037
Veralto Corp is company which is a global provider of essential technology solutions that safeguard many of the world's most vital resources. The company operates in two segments such as Water Quality and Product Quality & Innovation. Through WQ segment they improve the quality and reliability of water through leading brands including Hach, Trojan Technologies and ChemTreat. Through PQI segment they promote consumer trust in products and help enable product innovation through leading brands including Videojet, Linx, Esko, X-Rite and Pantone.

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