Multi-Color (Multi-Color) Long-Term Capital Lease Obligation : $32 Mil (As of Mar. 2019)

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What is Multi-Color Long-Term Capital Lease Obligation?

Multi-Color's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2019 was $32 Mil.

Multi-Color's quarterly Long-Term Capital Lease Obligation declined from Sep. 2018 ($36 Mil) to Dec. 2018 ($33 Mil) and declined from Dec. 2018 ($33 Mil) to Mar. 2019 ($32 Mil).

Multi-Color's annual Long-Term Capital Lease Obligation increased from Mar. 2017 ($5 Mil) to Mar. 2018 ($32 Mil) but then declined from Mar. 2018 ($32 Mil) to Mar. 2019 ($32 Mil).

Multi-Color Long-Term Capital Lease Obligation Historical Data

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

Multi-Color Annual Data

Trend

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Long-Term Capital Lease Obligation

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1.96

4.52

5.45

32.10

31.71

Multi-Color Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															32.10	30.06	35.54	32.91	31.71

Multi-Color (NAS:LABL) 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.

Multi-Color Long-Term Capital Lease Obligation Related Terms

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Multi-Color (Multi-Color) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi-Color Corp (NAS:LABL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

4053 Clough Woods Drive, Batavia, OH, USA, 45103

Website

http://www.mcclabel.com

Multi-Color Corporation is an America-based company that provide label solutions. The company's products include pressure-sensitive labels, in-mold labels, heat-transfer labels, glue-applied labels, glue-applied labels, shrink sleeve labels and graphic services. These products and services primarily aim to fulfill customers' packaging needs. Customers of the company include a wide array of makers of consumer products, personal care products, wine & spirit and specialty consumer products from America, Europe, Australia, New Zealand, South Africa, China, Southeast Asia and others. America is the biggest market for the company, accounting for over half of its revenue.

Executives

Michael W Ranger	10 percent owner	C/O TXU CORP, 1601 BRYAN ST, DALLAS TX 75201
Robert R Buck	director	C/O BEACON ROOFING SUPPLY, INC., 505 HUNTMAR PARK DRIVE SUITE 300, HERNDON VA 20170
Robert Kuhn	director	C/O APTARGROUP 475 W. TERRA COTTA AVENUE, SUITE E, CRYSTAL LAKE IL 60014
Andrew H Rush	10 percent owner	C/O DIAMOND CASTLE HOLDINGS, LLC, 280 PARK AVENUE, 25TH FLOOR, EAST TOWER, NEW YORK NY 10017
Matthew M Walsh	director	ALLERGAN, 5 GIRALDA FARMS, MADISON NJ 07940
Lorrence T Kellar	director	C/O LOEHMANNS INC, 2500 HALSEY STREET, BRONX NY 10461
Lee A. Wright	director	C/O DIAMOND CASTLE HOLDINGS, LLC, 280 PARK AVENUE, 25TH FLOOR, EAST TOWER, NEW YORK NY 10017
James H Reynolds	officer: Chief Accounting Officer	201 E FOURTH STREET, CINCINNATI OH 45202