Nusco SpA (MIL:NUS) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2023)

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What is Nusco SpA Long-Term Capital Lease Obligation?

Nusco SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil.

Nusco SpA Long-Term Capital Lease Obligation Historical Data

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

Nusco SpA Annual Data

Trend

Dec19

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Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Nusco SpA Semi-Annual Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	-	-	-

Nusco SpA (MIL:NUS) 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.

Nusco SpA Long-Term Capital Lease Obligation Related Terms

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Nusco SpA (MIL:NUS) Business Description

Industry

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Address

S.S.7 bis km 50.500, Nola, ITA, 80035

Website

https://www.nuscospa.com

Nusco SpA is operating in the production and sale of doors and windows. Its products include Veneer doors, laminated doors, security doors, solid wood doors, pantograph and engraving doors, invisible doors, reversible doors, sliding doors, Wood and aluminum windows, Aluminium and wood doors, Windows in PVC, Shutters.