Brunello Cucinelli SpA (MIL:BC) Long-Term Capital Lease Obligation : €460 Mil (As of Dec. 2023)

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What is Brunello Cucinelli SpA Long-Term Capital Lease Obligation?

Brunello Cucinelli SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €460 Mil.

Brunello Cucinelli SpA's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€475 Mil) to Jun. 2023 (€448 Mil) but then increased from Jun. 2023 (€448 Mil) to Dec. 2023 (€460 Mil).

Brunello Cucinelli SpA's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€470 Mil) to Dec. 2022 (€475 Mil) but then declined from Dec. 2022 (€475 Mil) to Dec. 2023 (€460 Mil).

Brunello Cucinelli SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Brunello Cucinelli 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.

* Premium members only.

Brunello Cucinelli SpA Long-Term Capital Lease Obligation Chart

Brunello Cucinelli SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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388.82

436.96

469.75

474.93

460.40

Brunello Cucinelli SpA 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															469.75	511.35	474.93	447.74	460.40

Brunello Cucinelli SpA (MIL:BC) 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.

Brunello Cucinelli SpA Long-Term Capital Lease Obligation Related Terms

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Brunello Cucinelli SpA (MIL:BC) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Brunello Cucinelli SpA (MIL:BC) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

BCUCY:USA BCUCF:USA BCm:UK 0Q7S:UK 8BU:Germany

Address

Viale Parco dell’Industria, 5, Frazione Solomeo, Corciano, Perugia, ITA, 06073

Website

https://www.brunellocucinelli.com

Brunello Cucinelli SpA is a luxury apparel brand that emphasizes soft cashmere knitwear. It sells primarily women's clothing, shoes, and accessories. Brunello Cucinelli's products are made in Italy and sold throughout the world, with most revenue coming from Europe, particularly Italy, and North America. The company sells its products directly to consumers through its company-operated retail stores, and it wholesales its products to other retailers, with roughly an equal amount of revenue coming from each channel.