SBE-Varvit SpA (FRA:O4W) Long-Term Capital Lease Obligation : €6.2 Mil (As of Dec. 2024)

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What is SBE-Varvit SpA Long-Term Capital Lease Obligation?

SBE-Varvit SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €6.2 Mil.

SBE-Varvit SpA's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€7.9 Mil) to Jun. 2024 (€7.1 Mil) and declined from Jun. 2024 (€7.1 Mil) to Dec. 2024 (€6.2 Mil).

SBE-Varvit SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€15.2 Mil) to Dec. 2023 (€7.9 Mil) and declined from Dec. 2023 (€7.9 Mil) to Dec. 2024 (€6.2 Mil).

SBE-Varvit SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for SBE-Varvit 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.

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SBE-Varvit SpA Long-Term Capital Lease Obligation Chart

SBE-Varvit SpA Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

8.93

15.18

7.92

6.16

SBE-Varvit SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			15.18	8.62	7.92	7.06	6.16

SBE-Varvit SpA (FRA:O4W) 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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SBE-Varvit SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SBE-Varvit SpA (FRA:O4W) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

VARV:Italy

Address

Via Lazzaretti 2/A, Reggio Emilia, ITA, 42122

Website

https://www.sbe.it

SBE-Varvit SpA is a company involved in the production of fasteners, and mechanical fastening joints of fundamental importance for many industrial sectors. It serves various sectors by offering products including screws, nuts, and cold-pressed products, of which a majority are manufactured internally, at its fully verticalized production facilities. The company operates in a single segment which is the production and sale of screws, bolts, and other mechanical components Geographically, it generates maximum revenue from Italy and the rest from the United States, Germany, Spain, France, and other countries.

SBE-Varvit SpA Headlines

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