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Marley Spoon SE (ASX:MMM) Long-Term Capital Lease Obligation : A$40.6 Mil (As of Dec. 2023)


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What is Marley Spoon SE Long-Term Capital Lease Obligation?

Marley Spoon SE's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$40.6 Mil.

Marley Spoon SE's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (A$26.6 Mil) to Jun. 2023 (A$0.0 Mil) but then increased from Jun. 2023 (A$0.0 Mil) to Dec. 2023 (A$40.6 Mil).

Marley Spoon SE's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (A$30.7 Mil) to Dec. 2022 (A$26.6 Mil) but then increased from Dec. 2022 (A$26.6 Mil) to Dec. 2023 (A$40.6 Mil).


Marley Spoon SE Long-Term Capital Lease Obligation Historical Data

The historical data trend for Marley Spoon 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.

* Premium members only.

Marley Spoon SE Long-Term Capital Lease Obligation Chart

Marley Spoon SE Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 13.22 10.90 30.73 26.64 40.64

Marley Spoon SE Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 30.73 - 26.64 - 40.64

Marley Spoon SE  (ASX:MMM) 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.

Marley Spoon SE Long-Term Capital Lease Obligation Related Terms

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Marley Spoon SE (ASX:MMM) Business Description

Industry
Traded in Other Exchanges
Address
Paul-Lincke-Ufer 39/40, Berlin, DEU, 10999
Marley Spoon SE is a German-based company is engaged in the food business. It prepares recipes for various country cuisines for vegetarians, meat lovers, and friends of fish dishes. The company uses paper-based packaging tapes, reusable cooling pads and regenerative sheep wool as an insulating material. It provides meal kit solutions on a weekly basis to customers across countries. The company's geographical segments are the USA, Australia and Europe. It derives a majority of revenue from the USA.

Marley Spoon SE (ASX:MMM) Headlines

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