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Monnalisa SpA (MIL:MNL) Long-Term Capital Lease Obligation : €13.62 Mil (As of Jun. 2023)


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What is Monnalisa SpA Long-Term Capital Lease Obligation?

Monnalisa SpA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €13.62 Mil.

Monnalisa SpA's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (€14.81 Mil) to Dec. 2022 (€15.72 Mil) but then declined from Dec. 2022 (€15.72 Mil) to Jun. 2023 (€13.62 Mil).

Monnalisa SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (€18.77 Mil) to Dec. 2021 (€16.28 Mil) and declined from Dec. 2021 (€16.28 Mil) to Dec. 2022 (€15.72 Mil).


Monnalisa SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Monnalisa 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.

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Monnalisa SpA Long-Term Capital Lease Obligation Chart

Monnalisa SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - 18.77 16.28 15.72

Monnalisa SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 16.28 14.81 15.72 13.62

Monnalisa SpA  (MIL:MNL) 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.

Monnalisa SpA Long-Term Capital Lease Obligation Related Terms

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Monnalisa SpA (MIL:MNL) Business Description

Traded in Other Exchanges
N/A
Address
Via Madame Curie 7, Arezzo, ITA, 52100
Monnalisa SpA manufactures clothing items for children. The product portfolio includes - dresses, skirts, shirts, jackets, beachwear, baby sets, baby suits, sweaters, and many more.

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