PRYMY (Prysmian SpA) Long-Term Capital Lease Obligation : $251 Mil (As of Mar. 2025)

View and export this data going back to 2008. Start your Free Trial

What is Prysmian SpA Long-Term Capital Lease Obligation?

Prysmian SpA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $251 Mil.

Prysmian SpA's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($241 Mil) to Dec. 2024 ($240 Mil) but then increased from Dec. 2024 ($240 Mil) to Mar. 2025 ($251 Mil).

Prysmian SpA's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($165 Mil) to Dec. 2023 ($255 Mil) but then declined from Dec. 2023 ($255 Mil) to Dec. 2024 ($240 Mil).

Prysmian SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Prysmian 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.

Prysmian SpA Long-Term Capital Lease Obligation Chart

Prysmian SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

173.97

178.53

165.25

255.18

239.79

Prysmian SpA Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															254.35	240.04	240.84	239.79	250.81

Prysmian SpA (OTCPK:PRYMY) 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.

Prysmian SpA Long-Term Capital Lease Obligation Related Terms

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

Prysmian SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Prysmian SpA (OTCPK:PRYMY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PRYMF:USA PRY:Mexico PRY:Italy PRYm:UK 0NUX:UK AEU:Germany PRY:Austria

Address

Via Chiese 6, MIlan, ITA, 20126

Website

https://www.prysmiangroup.com

Prysmian SpA is an Italian manufacturer of electric power transmission and telecommunications cables and systems. Its business is organized in three segments--Projects, which focuses on the execution of underground and submarine cable projects; Energy Products, which provides power distribution, and industrial and network components; and Telecom, which makes cable systems and connectivity products. More than half of the firm's revenue is generated in the Europe, Middle East, and Africa regions, with the rest coming from North America, Latin America, and Asia-Pacific regions.