Standex International (Standex International) Long-Term Capital Lease Obligation : $26.1 Mil (As of Dec. 2023)

View and export this data going back to 1969. Start your Free Trial

What is Standex International Long-Term Capital Lease Obligation?

Standex International's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $26.1 Mil.

Standex International's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($25.8 Mil) to Sep. 2023 ($27.4 Mil) but then declined from Sep. 2023 ($27.4 Mil) to Dec. 2023 ($26.1 Mil).

Standex International's annual Long-Term Capital Lease Obligation increased from Jun. 2021 ($29.0 Mil) to Jun. 2022 ($31.4 Mil) but then declined from Jun. 2022 ($31.4 Mil) to Jun. 2023 ($25.8 Mil).

Standex International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Standex International'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.

Standex International Long-Term Capital Lease Obligation Chart

Standex International Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

36.29

29.04

31.36

25.77

Standex International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															29.43	28.46	25.77	27.39	26.08

Standex International (NYSE:SXI) 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.

Standex International Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Standex International's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Standex International (Standex International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Standex International Corp (NYSE:SXI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

9SI:Germany

Address

23 Keewaydin Drive, Salem, NH, USA, 03079

Website

https://www.standex.com

Standex International Corp is a us-based firm. It engages in manufacturing a variety of products and services for several commercial and industrial markets. It has five segments that include Electronics; Engraving; Scientific; Engineering Technologies and Specialty Solutions. With its business spread majorly in the United States, most of the company revenues come from the Electronics business that primarily includes manufacturing and selling of electronic components for applications throughout the end-user market spectrum.

Executives

Ademir Sarcevic	officer: Vice President/CFO/Treasurer	5500 WAYZATA BOULEVARD, MINNEAPOLIS MN 55416
Barbara Joanne Edwards	director	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Sean C Valashinas	officer: Chief Accounting Officer	C/O STANDEX INTERNATIONAL CORPORATION, 11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Alan J Glass	officer: Vice President/CLO
Thomas E Chorman	director
David A. Dunbar	director, officer: President/CEO	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Paul C. Burns	other: Vice President Corporate Devel	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Cannon Charles H Jr	director	200 E RANDOLPH DRIVE, CHICAGO IL 60601
Thomas J Hansen	director	3600 W. LAKE AVENUE, GLENVIEW IL 60026-1215
Maschera Flavio	officer: Vice President/Chief Innovatio	23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Robin J Davenport	director	23 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
James A. Hooven	officer: VP Operations & Supply Chain	ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Annemarie Bell	officer: Vice President Human Resources	11 KEEWAYDIN DRIVE, SUITE 300, SALEM NH 03079
Thomas D. Debyle	Chief Financial Officer, other: Insider	STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Gerald H Fickenscher	director	199 BENSON RD, MIDDLEBURY CT 06749