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Lindbergh SpA (MIL:LDB) Long-Term Capital Lease Obligation : €2.27 Mil (As of Jun. 2024)


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What is Lindbergh SpA Long-Term Capital Lease Obligation?

Lindbergh SpA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2.27 Mil.

Lindbergh SpA's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€2.46 Mil) to Dec. 2023 (€2.42 Mil) and declined from Dec. 2023 (€2.42 Mil) to Jun. 2024 (€2.27 Mil).

Lindbergh SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€3.15 Mil) to Dec. 2022 (€2.28 Mil) but then increased from Dec. 2022 (€2.28 Mil) to Dec. 2023 (€2.42 Mil).


Lindbergh SpA Long-Term Capital Lease Obligation Historical Data

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

Lindbergh SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 0.78 3.15 2.28 2.42

Lindbergh SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.61 2.28 2.46 2.42 2.27

Lindbergh SpA  (MIL:LDB) 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.

Lindbergh SpA Long-Term Capital Lease Obligation Related Terms

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Lindbergh SpA Business Description

Industry
Traded in Other Exchanges
N/A
Address
22 Via Giuseppe Guarneri Zanetti, Pescarolo Ed Uniti, ITA, 26033
Lindbergh SpA offers a wide range of services for maintenance engineers and technicians and loads them directly onto the vans in the company fleet, during the night and without the need for staff present. Its services include Spare parts delivery, Personal Protective Equipment supplied on-demand, on-demand laundry, sanitizing, and repair service, and a metrology laboratory.