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Burelle (XPAR:BUR) Long-Term Capital Lease Obligation : €228 Mil (As of Dec. 2023)


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What is Burelle Long-Term Capital Lease Obligation?

Burelle's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €228 Mil.

Burelle's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€206 Mil) to Jun. 2023 (€207 Mil) and increased from Jun. 2023 (€207 Mil) to Dec. 2023 (€228 Mil).

Burelle's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€137 Mil) to Dec. 2022 (€206 Mil) and increased from Dec. 2022 (€206 Mil) to Dec. 2023 (€228 Mil).


Burelle Long-Term Capital Lease Obligation Historical Data

The historical data trend for Burelle'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.

Burelle Long-Term Capital Lease Obligation Chart

Burelle 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 150.13 149.16 137.18 206.47 228.00

Burelle 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 137.18 128.85 206.47 207.34 228.00

Burelle  (XPAR:BUR) 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.

Burelle Long-Term Capital Lease Obligation Related Terms

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Burelle (XPAR:BUR) Business Description

Industry
Traded in Other Exchanges
Address
1, rue Francois 1er, Paris, FRA, 75008
Burelle SA functions in the auto parts industry in France. The company operates through its subsidiaries and is one of the leading companies in the automotive equipment market. Its products mainly include automobile plastic body parts. It also manufactures fuel and pollution control systems. Burelle has a global presence through its subsidiaries operating in major continents.