Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) Long-Term Capital Lease Obligation : €1.0 Mil (As of Dec. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Fine Foods & Pharmaceuticals NTM SpA Long-Term Capital Lease Obligation?

Fine Foods & Pharmaceuticals NTM SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.0 Mil.

Fine Foods & Pharmaceuticals NTM SpA's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€1.3 Mil) to Sep. 2023 (€1.1 Mil) and declined from Sep. 2023 (€1.1 Mil) to Dec. 2023 (€1.0 Mil).

Fine Foods & Pharmaceuticals NTM SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€3.1 Mil) to Dec. 2022 (€2.2 Mil) and declined from Dec. 2022 (€2.2 Mil) to Dec. 2023 (€1.0 Mil).

Fine Foods & Pharmaceuticals NTM SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fine Foods & Pharmaceuticals NTM 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.

Fine Foods & Pharmaceuticals NTM SpA Long-Term Capital Lease Obligation Chart

Fine Foods & Pharmaceuticals NTM SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.32

0.15

3.14

2.22

1.03

Fine Foods & Pharmaceuticals NTM SpA Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	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															2.22	2.07	1.27	1.08	1.03

Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) 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.

Fine Foods & Pharmaceuticals NTM SpA Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Fine Foods & Pharmaceuticals NTM SpA's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fine Foods & Pharmaceuticals NTM SpA (MIL:FF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

9S5:Germany

Address

Via Berlino, 39, Verdellino, Zingonia, Bergamo, ITA, 24040

Website

https://www.finefoods.it

Fine Foods & Pharmaceuticals NTM SpA is engaged in contract development and manufacturing of pharmaceuticals, nutraceuticals, and medical devices in solid oral forms. The company produces pharmaceutical products such as powders and granules, tablets, film tablets, and hard gelatin capsules, packed in sachets, blisters, and pillows.