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MGI Digital Graphic Technology (STU:2EI) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2023)


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What is MGI Digital Graphic Technology Long-Term Capital Lease Obligation?

MGI Digital Graphic Technology's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil.

MGI Digital Graphic Technology's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€1.22 Mil) to Jun. 2023 (€1.27 Mil) but then declined from Jun. 2023 (€1.27 Mil) to Dec. 2023 (€0.00 Mil).

MGI Digital Graphic Technology's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€1.19 Mil) to Dec. 2022 (€1.22 Mil) but then declined from Dec. 2022 (€1.22 Mil) to Dec. 2023 (€0.00 Mil).


MGI Digital Graphic Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for MGI Digital Graphic Technology'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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MGI Digital Graphic Technology Long-Term Capital Lease Obligation Chart

MGI Digital Graphic Technology 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 1.58 - 1.19 1.22 -

MGI Digital Graphic Technology 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 1.19 1.16 1.22 1.27 -

MGI Digital Graphic Technology  (STU:2EI) 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.

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MGI Digital Graphic Technology (STU:2EI) Business Description

Traded in Other Exchanges
Address
4, rue de la Meridienn, Fresnes, FRA, 94260
MGI Digital Graphic Technology SA is a France-based company engaged in designing, manufacturing, and selling digital printing and finishing equipment for the graphics industry. The company offers digital printing and finishing equipment in the areas of inkjet technology, digital printing, spot UV coating, embossed hot foiling, adhesive labels, digital finishing, plastic card production, envelope solutions, and turnkey paper solutions.

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