Amcor (STU:485B) Long-Term Capital Lease Obligation : €441 Mil (As of Mar. 2024)

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What is Amcor Long-Term Capital Lease Obligation?

Amcor's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €441 Mil.

Amcor's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€432 Mil) to Dec. 2023 (€454 Mil) but then declined from Dec. 2023 (€454 Mil) to Mar. 2024 (€441 Mil).

Amcor's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (€383 Mil) to Jun. 2022 (€466 Mil) but then declined from Jun. 2022 (€466 Mil) to Jun. 2023 (€427 Mil).

Amcor Long-Term Capital Lease Obligation Historical Data

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

Amcor Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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413.81

383.46

466.38

427.35

Amcor 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															435.24	427.35	431.96	453.92	440.68

Amcor (STU:485B) 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.

Amcor Long-Term Capital Lease Obligation Related Terms

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Amcor (STU:485B) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Amcor PLC (STU:485B) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

AMCR:USA AMCCF:USA A1CR34:Brazil AMC:Australia

Address

83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP

Website

https://www.amcor.com

Amcor is a global manufacturer of flexible and rigid plastic packaging and provides packaging solutions to the food, beverage, pharmaceuticals, medical, household, personal care, and industrials sectors. Operations span more than 40 countries and over 200 locations. Around half of group sales are derived from North America, one quarter from Europe, and the remainder from emerging markets. Amcor operates two distinct businesses: flexibles and rigids. Flexibles accounts for about 80% of earnings and produces plastic, aluminium, and fibre-based packaging. Rigids accounts for about 20% of earnings and consists primarily of hot-fill and cold-fill polyethylene terephthalate bottling solutions in the North American and Latin American markets.

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