GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pluxee NV (XPAR:PLX) » Definitions » Long-Term Capital Lease Obligation

Pluxee NV (XPAR:PLX) Long-Term Capital Lease Obligation : €51 Mil (As of Aug. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Pluxee NV Long-Term Capital Lease Obligation?

Pluxee NV's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2024 was €51 Mil.

Pluxee NV's quarterly Long-Term Capital Lease Obligation declined from Aug. 2023 (€38 Mil) to Feb. 2024 (€0 Mil) but then increased from Feb. 2024 (€0 Mil) to Aug. 2024 (€51 Mil).

Pluxee NV's annual Long-Term Capital Lease Obligation increased from Aug. 2022 (€18 Mil) to Aug. 2023 (€38 Mil) and increased from Aug. 2023 (€38 Mil) to Aug. 2024 (€51 Mil).

Pluxee NV Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pluxee NV'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.

Pluxee NV Long-Term Capital Lease Obligation Chart

Pluxee NV Annual Data
Trend Aug21 Aug22 Aug23 Aug24
Long-Term Capital Lease Obligation
35.00 18.00 38.00 51.00

Pluxee NV Semi-Annual Data
Aug21 Aug22 Feb23 Aug23 Feb24 Aug24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 18.00 - 38.00 - 51.00

Pluxee NV  (XPAR:PLX) 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.

Pluxee NV Long-Term Capital Lease Obligation Related Terms

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

Pluxee NV Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pluxee NV (XPAR:PLX) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
Traded in Other Exchanges
PLXNF:USA PLXp:UK RV1:Germany PLUX:Austria
Address
255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux, Paris, FRA, 92866
Website
https://www.pluxeegroup.com
Pluxee NV is a company providing employee benefits and engagement. It offers products and services focused on their real daily needs from meal orders to expense reports and well-being. The company's operating segments include: Continental Europe; Latin America; and Rest of the world. It derives maximum revenue from Continental Europe.