Vetrya SpA (MIL:VTY) Long-Term Capital Lease Obligation : €0.00 Mil (As of Jun. 2021)

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What is Vetrya SpA Long-Term Capital Lease Obligation?

Vetrya SpA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2021 was €0.00 Mil.

Vetrya SpA Long-Term Capital Lease Obligation Historical Data

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

Vetrya SpA Annual Data

Trend

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Long-Term Capital Lease Obligation

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

Vetrya SpA (MIL:VTY) 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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Vetrya SpA (MIL:VTY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Vetrya SpA (MIL:VTY) » Definitions » Long-Term Capital Lease Obligation

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Address

Via dell’Innovazione, 1 e 1A, Orvieto, ITA, 05018

Website

http://www.vetrya.com

Vetrya SpA is engaged in the development of digital services, applications and broadband solutions. Its solutions include Eclexia, Wonda mobile hub, Visidea video syndication, tivin, digital pay and Visyd ADV digital advertising. The company offers wide range of cloud multi screen platforms for broadband telecommunications networks, media asset management, mobile entertainment, mobile commerce, value-added services, carrier billing, Internet TV, broadcasting, digital advertising and content production.

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