MILSY AS (XBRA:1MIL401E) Long-Term Capital Lease Obligation : €0.00 Mil (As of . 20)

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What is MILSY AS Long-Term Capital Lease Obligation?

MILSY AS's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was €0.00 Mil.

MILSY AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for MILSY AS'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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MILSY AS Long-Term Capital Lease Obligation Chart

MILSY AS Annual Data

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MILSY AS Semi-Annual Data

Long-Term Capital Lease Obligation

MILSY AS (XBRA:1MIL401E) 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.

MILSY AS Long-Term Capital Lease Obligation Related Terms

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MILSY AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » MILSY AS (XBRA:1MIL401E) » Definitions » Long-Term Capital Lease Obligation

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Address

Partizanska 224 / B, Banovce nad Bebravou, SVK, 957 01

Website

http://www.milsy.sk

MILSY AS is a commercial food company. The company is oriented towards the treatment and processing of milk, the processing of fresh dairy products for daily use, but mainly the production of smoked and unsmoked steamed cheese and spread in different flavors. Its product portfolio includes smooth yogurts, spreads, born courses eat, cream, gastro, and other products.

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