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LANV (Lanvin Group Holdings) Long-Term Capital Lease Obligation : $123.5 Mil (As of Dec. 2024)


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What is Lanvin Group Holdings Long-Term Capital Lease Obligation?

Lanvin Group Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was $123.5 Mil.

Lanvin Group Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 ($123.1 Mil) to Jun. 2024 ($129.4 Mil) but then declined from Jun. 2024 ($129.4 Mil) to Dec. 2024 ($123.5 Mil).

Lanvin Group Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($112.3 Mil) to Dec. 2023 ($123.1 Mil) and increased from Dec. 2023 ($123.1 Mil) to Dec. 2024 ($123.5 Mil).


Lanvin Group Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lanvin Group Holdings'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.

Lanvin Group Holdings Long-Term Capital Lease Obligation Chart

Lanvin Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
126.99 116.37 112.27 123.12 123.53

Lanvin Group Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 112.27 112.09 123.12 129.44 123.53

Lanvin Group Holdings  (NYSE:LANV) 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.

Lanvin Group Holdings Long-Term Capital Lease Obligation Related Terms

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Lanvin Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
168 Jiujiang Road, 4th Floor, Carlowitz and Co, Huangpu District, Shanghai, CHN, 200001
Lanvin Group Holdings Ltd engages in offering products ranging from apparel to leather goods, footwear, and accessories. The firm is operating mainly 5 portfolio brands, namely Lanvin, Wolford, Sergio Rossi, St. John, and Caruso. It derives the majority of its revenue from the Wolford segment.