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Mativ Holdings (FRA:MH2) Long-Term Capital Lease Obligation : €49 Mil (As of Mar. 2024)


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What is Mativ Holdings Long-Term Capital Lease Obligation?

Mativ Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €49 Mil.

Mativ Holdings's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€45 Mil) to Dec. 2023 (€49 Mil) but then declined from Dec. 2023 (€49 Mil) to Mar. 2024 (€49 Mil).

Mativ Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€19 Mil) to Dec. 2022 (€40 Mil) and increased from Dec. 2022 (€40 Mil) to Dec. 2023 (€49 Mil).


Mativ Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mativ Holdings'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.

Mativ Holdings Long-Term Capital Lease Obligation Chart

Mativ Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.59 40.21 49.06

Mativ Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 42.12 51.41 44.60 49.06 48.76

Mativ Holdings  (FRA:MH2) 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.

Mativ Holdings Long-Term Capital Lease Obligation Related Terms

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Mativ Holdings (FRA:MH2) Business Description

Industry
Traded in Other Exchanges
Address
100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022
Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.

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