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Shurgard Self-Storage (XBRU:SHUR) Long-Term Capital Lease Obligation : €106.4 Mil (As of Dec. 2023)


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What is Shurgard Self-Storage Long-Term Capital Lease Obligation?

Shurgard Self-Storage's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €106.4 Mil.

Shurgard Self-Storage's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€95.7 Mil) to Jun. 2023 (€103.1 Mil) and increased from Jun. 2023 (€103.1 Mil) to Dec. 2023 (€106.4 Mil).

Shurgard Self-Storage's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€84.5 Mil) to Dec. 2022 (€95.7 Mil) and increased from Dec. 2022 (€95.7 Mil) to Dec. 2023 (€106.4 Mil).


Shurgard Self-Storage Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shurgard Self-Storage'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.

Shurgard Self-Storage Long-Term Capital Lease Obligation Chart

Shurgard Self-Storage Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.71 76.22 84.48 95.67 106.39

Shurgard Self-Storage Semi-Annual Data
Dec15 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84.48 84.77 95.67 103.05 106.39

Shurgard Self-Storage  (XBRU:SHUR) 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.

Shurgard Self-Storage Long-Term Capital Lease Obligation Related Terms

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Shurgard Self-Storage (XBRU:SHUR) Business Description

Industry
Traded in Other Exchanges
Address
11 Rue De l'Industrie, Windhof, Luxembourg, LUX, L-8399
Shurgard Self-Storage SA Formerly Shurgard Self Storage Ltd is an owner and operator of self-storage centers. The company has two reportable segments namely Same Stores and Non-Same Stores. It generates maximum revenue from the Same Stores segment. Geographically, the company derives the majority revenue from France and also has a presence in the Netherlands, UK, Sweden, Belgium, Germany, and Denmark among others.

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