Simona AG (FRA:SIM0) Long-Term Capital Lease Obligation : €8.0 Mil (As of Dec. 2024)

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What is Simona AG Long-Term Capital Lease Obligation?

Simona AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €8.0 Mil.

Simona AG's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (€6.2 Mil) to Jun. 2024 (€7.3 Mil) and increased from Jun. 2024 (€7.3 Mil) to Dec. 2024 (€8.0 Mil).

Simona AG's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€7.2 Mil) to Dec. 2023 (€6.2 Mil) but then increased from Dec. 2023 (€6.2 Mil) to Dec. 2024 (€8.0 Mil).

Simona AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Simona AG'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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Simona AG Long-Term Capital Lease Obligation Chart

Simona AG Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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1.05

1.18

7.16

6.22

8.04

Simona AG 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															7.16	6.85	6.22	7.33	8.04

Simona AG (FRA:SIM0) 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.

Simona AG Long-Term Capital Lease Obligation Related Terms

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Simona AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Simona AG (FRA:SIM0) » Definitions » Long-Term Capital Lease Obligation

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SIM:Germany

Address

Teichweg 16, Kirn, RP, DEU, 55606

Website

https://www.simona.de

Simona AG is Germany based company that is engaged in developing, manufacturing and marketing semi-finished thermoplastics, pipes, and fittings as well as finished parts and profiles. The company's products include sheets, twin wall sheets, rods, profiles, welding rods, pipes, fittings, flanges, valves, solid rods, hollow rods, U-profiles and square pipes and finished parts and profiles. The company organizes its business into geographic segments namely EMEA, the Americas, and Asia-Pacific. All three segments generate their revenues through the sale of Semi-finished and finished parts and Pipes and fittings.

Executives

Matthias Schoenberg

Board of Directors

Simona AG Headlines

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