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Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Long-Term Capital Lease Obligation : $650.6 Mil (As of Dec. 2023)


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What is Salvatore Ferragamo SpA Long-Term Capital Lease Obligation?

Salvatore Ferragamo SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $650.6 Mil.

Salvatore Ferragamo SpA's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($496.5 Mil) to Jun. 2023 ($660.6 Mil) but then declined from Jun. 2023 ($660.6 Mil) to Dec. 2023 ($650.6 Mil).

Salvatore Ferragamo SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($550.5 Mil) to Dec. 2022 ($496.5 Mil) but then increased from Dec. 2022 ($496.5 Mil) to Dec. 2023 ($650.6 Mil).


Salvatore Ferragamo SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Salvatore Ferragamo 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.

Salvatore Ferragamo SpA Long-Term Capital Lease Obligation Chart

Salvatore Ferragamo SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 621.41 564.96 550.54 496.54 650.60

Salvatore Ferragamo SpA Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 514.47 483.29 496.54 660.55 650.60

Salvatore Ferragamo SpA  (OTCPK:SFRGY) 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.

Salvatore Ferragamo SpA Long-Term Capital Lease Obligation Related Terms

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Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Business Description

Address
Via dei Tornabuoni 2, Firenze, ITA, 50123
Founded in 1927, Salvatore Ferragamo is an Italian monobrand company mainly known for its footwear and accessories. The company generates about 44% of revenue in the fragmented footwear category, 41% in leather goods, 7% in apparel, and 6% in accessories. It was one of the pioneers in establishing a presence in Asia, where it generates 33% of sales and other emerging markets (6% of sales in Central and South America). Ferragamo generates 21% of revenue in Europe, 31% in the U.S., and 8% in Japan.

Salvatore Ferragamo SpA (Salvatore Ferragamo SpA) Headlines

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