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Beneteau (LTS:0K8N) Long-Term Capital Lease Obligation : €0 Mil (As of Dec. 2023)


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What is Beneteau Long-Term Capital Lease Obligation?

Beneteau's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0 Mil.

Beneteau's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€8 Mil) to Jun. 2023 (€3 Mil) and declined from Jun. 2023 (€3 Mil) to Dec. 2023 (€0 Mil).

Beneteau's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (€5 Mil) to Dec. 2021 (€5 Mil) and increased from Dec. 2021 (€5 Mil) to Dec. 2022 (€8 Mil).


Beneteau Long-Term Capital Lease Obligation Historical Data

The historical data trend for Beneteau'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.

Beneteau Long-Term Capital Lease Obligation Chart

Beneteau Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.05 5.30 5.34 7.66

Beneteau Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 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 5.34 5.39 7.66 3.21 -

Beneteau  (LTS:0K8N) 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.

Beneteau Long-Term Capital Lease Obligation Related Terms

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Beneteau (LTS:0K8N) Business Description

Industry
Traded in Other Exchanges
Address
16 Boulevard de la Mer, Les Embruns, Saint-Gilles-Croix-de-Vie, FRA, 85803
Beneteau is a boat and housing manufacturer, domiciled in France. The company organises itself into two segments: boats and housing. The boats business, which contributes the majority of revenue, manufactures and markets boats. Beneteau produces both motor and sail boats, and primarily derives revenue from France, Europe, and North America. The housing segment manufactures mobile homes for campsites and tour operators, and timber-frame homes. The housing business derives the vast majority of income domestically.

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