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Thessaloniki Port Authority (FRA:03P) Long-Term Capital Lease Obligation : €0.0 Mil (As of Dec. 2024)


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What is Thessaloniki Port Authority Long-Term Capital Lease Obligation?

Thessaloniki Port Authority's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €0.0 Mil.

Thessaloniki Port Authority's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€45.9 Mil) to Jun. 2024 (€45.4 Mil) and declined from Jun. 2024 (€45.4 Mil) to Dec. 2024 (€0.0 Mil).

Thessaloniki Port Authority's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€45.6 Mil) to Dec. 2023 (€45.9 Mil) but then declined from Dec. 2023 (€45.9 Mil) to Dec. 2024 (€0.0 Mil).


Thessaloniki Port Authority Long-Term Capital Lease Obligation Historical Data

The historical data trend for Thessaloniki Port Authority'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.

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Thessaloniki Port Authority Long-Term Capital Lease Obligation Chart

Thessaloniki Port Authority Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.97 46.13 45.64 45.88 -

Thessaloniki Port Authority Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 45.64 46.53 45.88 45.42 -

Thessaloniki Port Authority  (FRA:03P) 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.

Thessaloniki Port Authority Long-Term Capital Lease Obligation Related Terms

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Thessaloniki Port Authority Business Description

Traded in Other Exchanges
Address
Pier No 1, Port of Thessaloniki, Thessaloniki, GRC, 54625
Thessaloniki Port Authority SA is a shipping company based in Greece. It manages the port of Thessaloniki and provides ship berthing, anchoring, mooring, loading, unloading and cargo handling, and passenger services along with add-on services like water, electricity, and telephone connections, The company's operational areas are categorized into five segments, which are Container Terminal, Conventional Cargo, Passenger Traffic, Exploitation of Sites, and Intermodal. The majority of its revenues are obtained from the Container Terminal segment.

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