Porto Aviation Group SpA (MIL:PAG) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2023)

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

What is Porto Aviation Group SpA Long-Term Capital Lease Obligation?

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

Porto Aviation Group SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Porto Aviation Group 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.

Porto Aviation Group SpA Long-Term Capital Lease Obligation Chart

Porto Aviation Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Porto Aviation Group SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Long-Term Capital Lease Obligation	-	-	-

Porto Aviation Group SpA (MIL:PAG) 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.

Porto Aviation Group SpA Long-Term Capital Lease Obligation Related Terms

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

Porto Aviation Group SpA (MIL:PAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Porto Aviation Group SpA (MIL:PAG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

M2N:Germany

Address

Via Confalonieri 22, Cremella, Lecco, ITA, 23894

Website

https://www.portoaviationgroup.com

Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, hydraulic components, fuel systems, aluminum alloy sections, and tubes.