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De'Longhi SPA (De'Longhi SPA) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)


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What is De'Longhi SPA Long-Term Capital Lease Obligation?

De'Longhi SPA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

De'Longhi SPA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($85 Mil) but then declined from Dec. 2023 ($85 Mil) to Mar. 2024 ($0 Mil).

De'Longhi SPA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($65 Mil) to Dec. 2022 ($64 Mil) but then increased from Dec. 2022 ($64 Mil) to Dec. 2023 ($85 Mil).


De'Longhi SPA Long-Term Capital Lease Obligation Historical Data

The historical data trend for De'Longhi SPA'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.

De'Longhi SPA Long-Term Capital Lease Obligation Chart

De'Longhi SPA 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 62.04 58.39 64.66 63.94 84.64

De'Longhi SPA 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 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 - 75.18 - 84.64 -

De'Longhi SPA  (OTCPK:DELHF) 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.

De'Longhi SPA Long-Term Capital Lease Obligation Related Terms

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De'Longhi SPA (De'Longhi SPA) Business Description

Traded in Other Exchanges
Address
Via Lodovico Seitz, 47, Treviso, ITA, 31100
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, ironing products, floor-care products, air conditioners and air treatment products, heating products, and others. The company generates the majority of its revenue from coffeemakers and cooking and food preparation products. It offers products under four brands: De'Longhi, Kenwood, Nutribullet, Magic Bullet,Braun, and Ariete. Products under the De'Longhi brand contribute over half of total revenue. The company has a business presence across the world, including Europe, America, Australia and New Zealand, Asia, and elsewhere, with Europe its largest market.

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