Recylex (FRA:MEP) Long-Term Capital Lease Obligation : €0.7 Mil (As of Dec. 2020)

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What is Recylex Long-Term Capital Lease Obligation?

Recylex's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2020 was €0.7 Mil.

Recylex's quarterly Long-Term Capital Lease Obligation declined from Dec. 2019 (€1.3 Mil) to Jun. 2020 (€0.8 Mil) and declined from Jun. 2020 (€0.8 Mil) to Dec. 2020 (€0.7 Mil).

Recylex's annual Long-Term Capital Lease Obligation increased from Dec. 2018 (€0.0 Mil) to Dec. 2019 (€1.3 Mil) but then declined from Dec. 2019 (€1.3 Mil) to Dec. 2020 (€0.7 Mil).

Recylex Long-Term Capital Lease Obligation Historical Data

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

Recylex Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Long-Term Capital Lease Obligation

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0.25

1.30

0.73

Recylex Semi-Annual Data
	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	1.30	0.80	0.73

Recylex (FRA:MEP) 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.

Recylex Long-Term Capital Lease Obligation Related Terms

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Recylex (FRA:MEP) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Recylex SA (FRA:MEP) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

79 Rue Jean-Jaques Rousseau, Suresnes Cedex, Paris, FRA, 92158

Website

http://www.recylex.fr

Recylex SA is specialized in the recycling of lead from used automotive and industrial batteries, zinc recycling from electrical steel mill dust and old zinc and recycling of polypropylene from used battery casings and other industrial waste such as car parts and construction waste. It is also engaged in the production of special metals used in the electronics sector, the optical industry and cutting-edge technologies. The company provides corporate services and also conducts business of processing scrap lead-acid batteries at two sites in France.

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