Elica SpA (MIL:ELC) Long-Term Capital Lease Obligation : €7.1 Mil (As of Jun. 2024)

View and export this data going back to 2006. Start your Free Trial

What is Elica SpA Long-Term Capital Lease Obligation?

Elica SpA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €7.1 Mil.

Elica SpA's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€9.1 Mil) to Dec. 2023 (€7.9 Mil) and declined from Dec. 2023 (€7.9 Mil) to Jun. 2024 (€7.1 Mil).

Elica SpA's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€8.3 Mil) to Dec. 2022 (€9.8 Mil) but then declined from Dec. 2022 (€9.8 Mil) to Dec. 2023 (€7.9 Mil).

Elica SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Elica 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.

Elica SpA Long-Term Capital Lease Obligation Chart

Elica SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

6.03

8.31

9.83

7.94

6.39

Elica 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															9.83	9.08	7.94	7.11	6.39

Elica SpA (MIL:ELC) 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.

Elica SpA Long-Term Capital Lease Obligation Related Terms

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

Elica SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Elica SpA (MIL:ELC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

0EA2:UK

Address

Via Ermanno Casoli No, 2, Fabriano, Ancona, ITA, 60044

Website

https://www.elica.com

Elica SpA is engaged in the design, manufacturing, and sale of kitchen range hoods for domestic use as well as design, manufacture, and sale of motors for central heating boilers. In addition, the company produces and sells hobs, ovens, and sterilizers. The company offers its products under the Elica, Gutmann, Turboair, Jetair, Ariafina, Arietta, Puti, and Fime brand names. It produces and sells range hoods and extractor hobs (Cooking segment) and of motors for domestic ventilation and other uses (Motors segment). Geographically the business activity functions through the region of Europe + CIS (Russia), America, and Asia, and the Rest of the World.