Altarea SCA (LTS:0IRK) Long-Term Capital Lease Obligation : €132 Mil (As of Jun. 2023)

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What is Altarea SCA Long-Term Capital Lease Obligation?

Altarea SCA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €132 Mil.

Altarea SCA's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 (€137 Mil) to Dec. 2022 (€132 Mil) and declined from Dec. 2022 (€132 Mil) to Jun. 2023 (€132 Mil).

Altarea SCA's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (€149 Mil) to Dec. 2021 (€138 Mil) and declined from Dec. 2021 (€138 Mil) to Dec. 2022 (€132 Mil).

Altarea SCA Long-Term Capital Lease Obligation Historical Data

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

Altarea SCA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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11.10

149.40

138.20

132.20

126.30

Altarea SCA 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															138.20	137.00	132.20	131.70	126.30

Altarea SCA (LTS:0IRK) 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.

Altarea SCA Long-Term Capital Lease Obligation Related Terms

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Altarea SCA (LTS:0IRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Altarea SCA (LTS:0IRK) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ALTAp:UK ALTA:France XAL:Germany

Address

8 avenue Delcasse, Paris, FRA, 75008

Website

https://www.altarea.com

Altarea SCA is a real estate investment trust primarily engaged in the acquisition, development, and management of properties throughout Western and Southern Europe. The company's real estate portfolio is composed of residential, retail, office, and mixed-use spaces. Altarea derives the majority of its revenue from rental income related to the leasing of its real estate assets. The company's entry-level and midrange residential apartment properties generate most of this income. In terms of geography, the vast majority of Altarea's revenue comes from its holdings in France's major urban areas, such as the Greater Paris region.

Altarea SCA (LTS:0IRK) Headlines

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