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Edison Spa (MIL:EDNR) Long-Term Capital Lease Obligation : €269 Mil (As of Mar. 2024)


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What is Edison Spa Long-Term Capital Lease Obligation?

Edison Spa's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €269 Mil.

Edison Spa's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€293 Mil) to Dec. 2023 (€279 Mil) and declined from Dec. 2023 (€279 Mil) to Mar. 2024 (€269 Mil).

Edison Spa's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€241 Mil) to Dec. 2022 (€234 Mil) but then increased from Dec. 2022 (€234 Mil) to Dec. 2023 (€279 Mil).


Edison Spa Long-Term Capital Lease Obligation Historical Data

The historical data trend for Edison Spa'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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Edison Spa Long-Term Capital Lease Obligation Chart

Edison Spa 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 259.00 225.00 241.00 234.00 279.00

Edison Spa 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 314.00 304.00 293.00 279.00 269.00

Edison Spa  (MIL:EDNR) 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.

Edison Spa Long-Term Capital Lease Obligation Related Terms

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Edison Spa (MIL:EDNR) Business Description

Industry
Traded in Other Exchanges
Address
Foro Buonaparte, 31, Milano, ITA, 20121
Edison Spa is an Italian energy operator. It is principally engaged in procurement, production, and sale and supplying electricity, gas and energy, and environmental services to families and businesses. The company operates through three segments namely Electric Power Operations which produces electricity through hydroelectric, wind power, solar and biomass resources; the Hydrocarbons Operations which are engaged in the procurement and sale of natural gas; and Corporate Activities and Other are involved in managing and administering the company's affairs. It generates maximum revenue from the Hydrocarbons Operations segment.

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