Salvatore Ferragamo SpA (LTS:0P52) Long-Term Capital Lease Obligation : €552 Mil (As of Dec. 2024)

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What is Salvatore Ferragamo SpA Long-Term Capital Lease Obligation?

Salvatore Ferragamo SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €552 Mil.

Salvatore Ferragamo SpA's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€597 Mil) to Jun. 2024 (€560 Mil) and declined from Jun. 2024 (€560 Mil) to Dec. 2024 (€552 Mil).

Salvatore Ferragamo SpA's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€469 Mil) to Dec. 2023 (€597 Mil) but then declined from Dec. 2023 (€597 Mil) to Dec. 2024 (€552 Mil).

Salvatore Ferragamo SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Salvatore Ferragamo 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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Salvatore Ferragamo SpA Long-Term Capital Lease Obligation Chart

Salvatore Ferragamo SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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464.40

487.23

468.74

596.60

552.34

Salvatore Ferragamo SpA 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															468.74	609.69	596.60	560.09	552.34

Salvatore Ferragamo SpA (LTS:0P52) 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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Salvatore Ferragamo SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Salvatore Ferragamo SpA (LTS:0P52) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

SFRGY:USA SFRGF:USA SFER:Italy SFERm:UK S9L:Germany SFER:Austria

Address

Via dei Tornabuoni 2, Firenze, ITA, 50123

Website

http://www.ferragamo.com

Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 45% of revenue in the fragmented footwear category, 40% in leather goods, 6% in apparel, and 7% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 28% of sales and other emerging markets (8% of sales in Central and South America). Ferragamo generates 24% of revenue in Europe, 30% in the US, and 8% in Japan.

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