Salcef Group SpA (MIL:SCF) Long-Term Capital Lease Obligation : €8.5 Mil (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Salcef Group SpA Long-Term Capital Lease Obligation?

Salcef Group SpA's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €8.5 Mil.

Salcef Group SpA's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (€9.3 Mil) to Jun. 2023 (€9.2 Mil) and declined from Jun. 2023 (€9.2 Mil) to Sep. 2023 (€8.5 Mil).

Salcef Group SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (€8.6 Mil) to Dec. 2021 (€5.7 Mil) but then increased from Dec. 2021 (€5.7 Mil) to Dec. 2022 (€10.4 Mil).

Salcef Group SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Salcef 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.

Salcef Group SpA Long-Term Capital Lease Obligation Chart

Salcef Group SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

6.07

8.64

5.69

10.43

Salcef Group SpA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															10.43	9.28	9.17	8.47	-

Salcef Group SpA (MIL:SCF) 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.

Salcef Group SpA Long-Term Capital Lease Obligation Related Terms

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

Salcef Group SpA (MIL:SCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Salcef Group SpA (MIL:SCF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

7S9:Germany

Address

Via Salaria 1027, Rome, ITA, 00138

Website

https://www.salcef.com

Salcef Group SpA is engaged in the design, construction, and maintenance of railway and metro infrastructures, as well as the supply of equipment and services. The company's operating segment are Permanent way systems, Infrastructure, Energy, signalling and telecommunications, Railway materials, Railway machines and Grinding. It generates maximum revenue from the permanent way systems services. Geographically, it derives a majority of its revenue from Italy.

Salcef Group SpA (MIL:SCF) Headlines

No Headlines