Star7 SpA (MIL:STAR7) Long-Term Capital Lease Obligation : €0.0 Mil (As of Dec. 2023)

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What is Star7 SpA Long-Term Capital Lease Obligation?

Star7 SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil.

Star7 SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Star7 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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Star7 SpA Long-Term Capital Lease Obligation Chart

Star7 SpA Annual Data

Trend

Dec19

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Dec23

Long-Term Capital Lease Obligation

Star7 SpA Semi-Annual Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	-	-	-	-

Star7 SpA (MIL:STAR7) 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.

Star7 SpA Long-Term Capital Lease Obligation Related Terms

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Star7 SpA (MIL:STAR7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Star7 SpA (MIL:STAR7) » Definitions » Long-Term Capital Lease Obligation

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Address

Via Alessandria, 37/B, Valle San Bartolomeo, Alessandria, ITA, I-15122

Website

https://www.star-7.com

Star7 SpA operates in the fields of translation and interpreting, automation of translation processes and language technologies, technical editing and content engineering, dedicated IT development, and print-on-demand. The company not only offers translations but also is a provider of copywriting services, language consultancy for companies, and interpreting and management of company terminology.

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