SIT SpA (MIL:SIT) Short-Term Capital Lease Obligation : €3.0 Mil (As of Dec. 2023)

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What is SIT SpA Short-Term Capital Lease Obligation?

SIT SpA's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.0 Mil.

SIT SpA's quarterly Short-Term Capital Lease Obligation declined from Dec. 2022 (€2.9 Mil) to Jun. 2023 (€2.8 Mil) but then increased from Jun. 2023 (€2.8 Mil) to Dec. 2023 (€3.0 Mil).

SIT SpA's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (€2.8 Mil) to Dec. 2022 (€2.9 Mil) and increased from Dec. 2022 (€2.9 Mil) to Dec. 2023 (€3.0 Mil).

SIT SpA Short-Term Capital Lease Obligation Historical Data

The historical data trend for SIT SpA's Short-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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SIT SpA Short-Term Capital Lease Obligation Chart

SIT SpA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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2.23

2.32

2.80

2.86

2.98

SIT SpA Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial										2.80	2.95	2.86	2.84	2.98

SIT SpA Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

SIT SpA Short-Term Capital Lease Obligation Related Terms

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SIT SpA (MIL:SIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SIT SpA (MIL:SIT) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Viale A. Volta, 2, Cusago, Milan, ITA, 20090

Website

http://www.sitspa.it

SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.

SIT SpA (MIL:SIT) Headlines

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