MFO (WAR:MFO) Long-Term Capital Lease Obligation : zł11.6 Mil (As of Dec. 2023)

View and export this data going back to 2014. Start your Free Trial

What is MFO Long-Term Capital Lease Obligation?

MFO's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was zł11.6 Mil.

MFO's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (zł0.0 Mil) to Sep. 2023 (zł12.3 Mil) but then declined from Sep. 2023 (zł12.3 Mil) to Dec. 2023 (zł11.6 Mil).

MFO's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (zł6.2 Mil) to Dec. 2022 (zł12.3 Mil) but then declined from Dec. 2022 (zł12.3 Mil) to Dec. 2023 (zł11.6 Mil).

MFO Long-Term Capital Lease Obligation Historical Data

The historical data trend for MFO'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.

MFO Long-Term Capital Lease Obligation Chart

MFO Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.03

6.22

12.28

11.58

MFO 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															12.28	12.59	-	12.26	11.58

MFO (WAR:MFO) 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.

MFO Long-Term Capital Lease Obligation Related Terms

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

MFO (WAR:MFO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » MFO SA (WAR:MFO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kozuszki Parcel 70 A, Sochaczew, POL, 96-500

Website

http://www.mfo.pl

MFO SA is a producer of special steel profiles, reinforcements for PVC window joinery and drywall framing steel profiles. The company's products are used in PVC windows, furniture industry, roller shutters, drywall framing profiles, installations, electrical installations, semi-trailers and truck bodies, rack systems, technical flooring systems, fencing systems and gates, ventilation and air conditioning, scaffolds and photovoltaic systems.

MFO (WAR:MFO) Headlines

No Headlines