Matas A/S (Matas A/S) Long-Term Capital Lease Obligation : $123.9 Mil (As of Mar. 2024)

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What is Matas A/S Long-Term Capital Lease Obligation?

Matas A/S's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $123.9 Mil.

Matas A/S's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($125.5 Mil) to Dec. 2023 ($115.9 Mil) but then increased from Dec. 2023 ($115.9 Mil) to Mar. 2024 ($123.9 Mil).

Matas A/S's annual Long-Term Capital Lease Obligation increased from Mar. 2022 ($50.9 Mil) to Mar. 2023 ($66.5 Mil) and increased from Mar. 2023 ($66.5 Mil) to Mar. 2024 ($123.9 Mil).

Matas A/S Long-Term Capital Lease Obligation Historical Data

The historical data trend for Matas A/S'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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Matas A/S Long-Term Capital Lease Obligation Chart

Matas A/S Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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88.53

79.30

50.87

66.45

123.91

Matas A/S Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															66.45	63.83	125.46	115.91	123.91

Matas A/S (OTCPK:MAASF) 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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Matas A/S (Matas A/S) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Matas A/S (OTCPK:MAASF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

0QFA:UK MATAS:Denmark 1MTA:Germany

Address

Rormosevej 1, Allerod, DNK, DK-3450

Website

https://www.matas.dk

Matas A/S is a Denmark-based company engaged in a retail chain selling beauty, personal care, and health products. It has four categories. The high-End Beauty segment includes luxury beauty products, including cosmetics, skincare, and hair care products and fragrances. Mass Beauty segment includes everyday beauty products and personal care, including cosmetics and skincare and haircare products. Health and Wellbeing segment includes medicare, vitamins, minerals, supplements, specialty foods, herbal medicinal products, sports, nutrition and exercise, mother and child, personal care products, and special skincare products. The other segment includes clothing and accessories, house and garden, and Other products. Geographically, it operates only in Denmark.