GURUFOCUS.COM » STOCK LIST » Technology » Software » AA Tech SpA (MIL:AAT) » Definitions » Long-Term Capital Lease Obligation

AA Tech SpA (MIL:AAT) Long-Term Capital Lease Obligation : €0.00 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is AA Tech SpA Long-Term Capital Lease Obligation?

AA Tech SpA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.00 Mil.


AA Tech SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for AA Tech 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.

* Premium members only.

AA Tech SpA Long-Term Capital Lease Obligation Chart

AA Tech SpA Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - -

AA Tech SpA Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Long-Term Capital Lease Obligation - - - - -

AA Tech SpA  (MIL:AAT) 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.

AA Tech SpA Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of AA Tech SpA's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


AA Tech SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AA Tech SpA (MIL:AAT) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
Via Giovanni Lanza 57, Fondi, ITA, 04022
AA Tech SpA is an innovative venture tech builder in the digital sector, with the constant aim of identifying new technologies in the aforementioned sectors in Italy. In particular, the Company, through a process of continuous innovation, intends to seek innovative solutions that create new opportunities for generating value, with the intention, after their creation and validation, of making these companies autonomous. One of its subsidiaries Previon a Fintech company that provides open banking services for compulsory and complementary pension funds.