Medacta Group (FRA:6MD) Long-Term Capital Lease Obligation : €32.1 Mil (As of Dec. 2023)

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What is Medacta Group Long-Term Capital Lease Obligation?

Medacta Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €32.1 Mil.

Medacta Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€21.4 Mil) to Jun. 2023 (€29.6 Mil) and increased from Jun. 2023 (€29.6 Mil) to Dec. 2023 (€32.1 Mil).

Medacta Group's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€15.5 Mil) to Dec. 2022 (€21.4 Mil) and increased from Dec. 2022 (€21.4 Mil) to Dec. 2023 (€32.1 Mil).

Medacta Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Medacta Group'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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Medacta Group Long-Term Capital Lease Obligation Chart

Medacta Group Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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14.54

13.64

15.47

21.37

32.14

Medacta Group Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									15.47	17.19	21.37	29.58	32.14

Medacta Group (FRA:6MD) 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.

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Medacta Group (FRA:6MD) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medacta Group SA (FRA:6MD) » Definitions » Long-Term Capital Lease Obligation

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MOVEz:UK MOVE:Switzerland

Address

Strada Regina 34, Castel San Pietro, Ticino, CHE, 6874

Website

https://www.medacta.com

Medacta Group SA is a Switzerland based company involved in developing, manufacturing and distributing orthopaedic and neurosurgical medical devices worldwide. The company offers solutions for Hip, Knee, Shoulder and Spine.

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