SosTravel.com SpA (MIL:SOS) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2023)

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What is SosTravel.com SpA Long-Term Capital Lease Obligation?

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

SosTravel.com SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for SosTravel.com 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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SosTravel.com SpA Long-Term Capital Lease Obligation Chart

SosTravel.com SpA Annual Data

Trend

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Dec23

Long-Term Capital Lease Obligation

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SosTravel.com SpA Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										-	-	-	-	-

SosTravel.com SpA (MIL:SOS) 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.

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SosTravel.com SpA (MIL:SOS) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » SosTravel.com SpA (MIL:SOS) » Definitions » Long-Term Capital Lease Obligation

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SOSAF:USA

Address

Via Marsala 34/A, Gallarate, ITA, 21013

Website

https://www.sostravel.com

SosTravel.com SpA is a digital travel company engaged in providing solutions in the tourism sector which operates as an intermediary between tourism service providers and customers by offering the possibility to book online stays in accommodation facilities (hotels, resorts), tourist services (e.g. trains, airplanes, ferries), experiences (e.g. guided tours, excursions, tasting itineraries) and, more generally, holiday packages. The company operates through its applications (Sostravel and Flio) and websites (www.sostravel.com, and www.amareitalia.com). It offers services such as Flight Info, Airport Info, Lost Luggage Concierge, Telemedicine, Travel insurance, Travel Booking, and Secret village services.