Mersen (FRA:CBE) Long-Term Capital Lease Obligation : €40 Mil (As of Dec. 2023)

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

What is Mersen Long-Term Capital Lease Obligation?

Mersen's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €40 Mil.

Mersen's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€43 Mil) to Jun. 2023 (€41 Mil) and declined from Jun. 2023 (€41 Mil) to Dec. 2023 (€40 Mil).

Mersen's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€40 Mil) to Dec. 2022 (€43 Mil) but then declined from Dec. 2022 (€43 Mil) to Dec. 2023 (€40 Mil).

Mersen Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mersen'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.

Mersen Long-Term Capital Lease Obligation Chart

Mersen Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

48.10

32.70

40.00

42.70

40.10

Mersen 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															40.00	41.30	42.70	40.60	40.10

Mersen (FRA:CBE) 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.

Mersen Long-Term Capital Lease Obligation Related Terms

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

Mersen (FRA:CBE) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

0Q6Q:UK MRN:France

Address

Tour Trinity, 1 bis place de la Defense, Courbevoie, FRA, 92400

Website

https://www.mersen.com

Mersen SA manufactures and sells electrical power products and advanced materials in France, North America, the rest of Europe, the Asia-Pacific, and internationally. The business activity of the group functions through the Advanced Materials segment and Electrical Power segment. The Advanced Materials segment brings the businesses related to carbon materials - graphite specialties for high-temperature applications, anti-corrosion equipment designed primarily for chemicals and power transmission technologies, whereas the Electrical Power segment brings the businesses related to the electrical market - namely Solutions for Power Management and electrical protection and control, primarily fuses, industrial fuse holders, and surge protection solutions.

Mersen (FRA:CBE) Headlines

No Headlines