MBB SE (XTER:MBB) Long-Term Capital Lease Obligation : €9.5 Mil (As of Jun. 2024)

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What is MBB SE Long-Term Capital Lease Obligation?

MBB SE's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €9.5 Mil.

MBB SE's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€10.8 Mil) to Mar. 2024 (€10.1 Mil) and declined from Mar. 2024 (€10.1 Mil) to Jun. 2024 (€9.5 Mil).

MBB SE's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€13.5 Mil) to Dec. 2022 (€10.5 Mil) but then increased from Dec. 2022 (€10.5 Mil) to Dec. 2023 (€10.8 Mil).

MBB SE Long-Term Capital Lease Obligation Historical Data

The historical data trend for MBB SE'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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MBB SE Long-Term Capital Lease Obligation Chart

MBB SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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12.07

13.21

13.49

10.48

10.76

MBB SE Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															11.07	10.36	10.76	10.07	9.54

MBB SE (XTER:MBB) 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.

MBB SE Long-Term Capital Lease Obligation Related Terms

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MBB SE Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » MBB SE (XTER:MBB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MBBd:UK 0J7X:UK

Address

Joachimsthaler Strasse 34, Berlin, BB, DEU, 10719

Website

https://www.mbb.com

MBB SE is a medium-sized, family-owned company specializing in the acquisition and management of medium-sized industrial companies with considerable technology and engineering expertise. The company's operating segment includes Technological Applications; Consumer Goods and Service and Infrastructure. It generates maximum revenue from the Service and Infrastructure segment. The Service and Infrastructure segment specialize in IT security and cloud services. Its Technological Applications segment includes bundles subsidiaries with technical products and industrial customers.

Executives

Dr. Christof Nesemeier	Executive Chairman
Dr. Constantin Mang	Member of Executive Management
Dr. Jakob Ammer	Member of Executive Management
Torben Teichler	Member of Executive Management