NSC Groupe (XPAR:ALNSC) Long-Term Capital Lease Obligation : €1.87 Mil (As of Dec. 2023)

View and export this data going back to 1989. Start your Free Trial

What is NSC Groupe Long-Term Capital Lease Obligation?

NSC Groupe's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.87 Mil.

NSC Groupe's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€2.50 Mil) to Jun. 2023 (€2.14 Mil) and declined from Jun. 2023 (€2.14 Mil) to Dec. 2023 (€1.87 Mil).

NSC Groupe's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€3.06 Mil) to Dec. 2022 (€2.50 Mil) and declined from Dec. 2022 (€2.50 Mil) to Dec. 2023 (€1.87 Mil).

NSC Groupe Long-Term Capital Lease Obligation Historical Data

The historical data trend for NSC Groupe'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.

NSC Groupe Long-Term Capital Lease Obligation Chart

NSC Groupe Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

4.07

3.06

2.50

1.87

NSC Groupe 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															3.06	2.78	2.50	2.14	1.87

NSC Groupe (XPAR:ALNSC) 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.

NSC Groupe Long-Term Capital Lease Obligation Related Terms

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

NSC Groupe (XPAR:ALNSC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NSC Groupe SA (XPAR:ALNSC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

170 Rue de la Republique, Guebwiller, FRA, 68500

Website

http://www.nsc-groupe.com

NSC Groupe SA is a France-based company. It designs and manufactures machinery and equipment for the textile, foundry, energy and packaging industries. The company has three divisions: Packaging lines; Textile lines; and Foundry. It Textiles division, manufactures industrial machinery that produces yarns from natural and synthetic fibers and is engaged in developing integrated production lines for the production of textile fabrics in a continuous process.

NSC Groupe (XPAR:ALNSC) Headlines

No Headlines