Verbund AG (WBO:VER) Long-Term Capital Lease Obligation : €149 Mil (As of Mar. 2024)

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What is Verbund AG Long-Term Capital Lease Obligation?

Verbund AG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €149 Mil.

Verbund AG's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€138 Mil) to Dec. 2023 (€148 Mil) and increased from Dec. 2023 (€148 Mil) to Mar. 2024 (€149 Mil).

Verbund AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€86 Mil) to Dec. 2022 (€126 Mil) and increased from Dec. 2022 (€126 Mil) to Dec. 2023 (€148 Mil).

Verbund AG Long-Term Capital Lease Obligation Historical Data

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

Verbund AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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75.30

86.00

126.00

147.80

Verbund AG 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															125.60	126.50	138.30	147.80	149.30

Verbund AG (WBO:VER) 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.

Verbund AG Long-Term Capital Lease Obligation Related Terms

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Verbund AG (WBO:VER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Verbund AG (WBO:VER) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

OEZVY:USA OEZVF:USA VERv:UK 0NR1:UK OEWA:Germany VER:Czech Republic

Address

Am Hof 6a, Vienna, AUT, 1010

Website

https://www.verbund.com

Founded in 1947 through a nationalization act, Verbund is the leading power producer in Austria. The Austrian state owns 51% of its capital. Hydro accounts for more than 90% of the total power output. Hydro power is generated from reservoirs and pumped storage plants in the Austrian Alps, and run-of-river plants in Austria and southern Germany. Total hydro capacity amounts to 8.4 GW. Verbund also owns the Austrian electricity grid through its fully owned subsidiary AP. In 2021, the firm acquired 51% of Gas Connect Austria, a gas transmission and distribution system operator. The group also owns one CCGT and is involved in trading and development of wind and solar capacity.

Executives

Dr. Susanna Zapreva-hennerbichler	Board of Directors
Mag. Dr. Achim Kaspar	Board of Directors
Dr. Peter F. Kollmann	Board of Directors
Mag. Dr. Mba Michael Strugl	Board of Directors