Olam Group (SGX:VC2) Long-Term Capital Lease Obligation : S$890 Mil (As of Jun. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Olam Group Long-Term Capital Lease Obligation?

Olam Group's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was S$890 Mil.

Olam Group's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (S$886 Mil) to Dec. 2022 (S$886 Mil) and increased from Dec. 2022 (S$886 Mil) to Jun. 2023 (S$890 Mil).

Olam Group's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (S$816 Mil) to Dec. 2021 (S$840 Mil) and increased from Dec. 2021 (S$840 Mil) to Dec. 2022 (S$886 Mil).

Olam Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Olam Group'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.

Olam Group Long-Term Capital Lease Obligation Chart

Olam Group Annual Data

Trend

Jun13

Jun14

Jun15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

83.40

881.76

815.55

839.80

886.26

Olam Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															819.62	839.80	885.53	886.26	889.93

Olam Group (SGX:VC2) 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.

Olam Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Olam Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Olam Group (SGX:VC2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Olam Group Ltd (SGX:VC2) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

OLGPF:USA K25:Germany

Address

7 Straits View, Marina One East Tower, No. 20-01, Singapore, SGP, 018936

Website

https://www.olamgroup.com

Olam Group Ltd sources, processes, packages, and sells agricultural commodities. The company's operating segments include Olam Food Ingredients; Olam Global Agri and Olam International Limited. It generates maximum revenue from the Olam Global Agri segment. Geographically, it derives a majority of its revenue from Asia, the Middle East and Australia. Some of its products include Cocoa, Coffee, Cotton, Nuts, and Spices.

Olam Group (SGX:VC2) Headlines

No Headlines