Melia Hotels International (Melia Hotels International) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)

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What is Melia Hotels International Long-Term Capital Lease Obligation?

Melia Hotels International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

Melia Hotels International's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($1,419 Mil) but then declined from Dec. 2023 ($1,419 Mil) to Mar. 2024 ($0 Mil).

Melia Hotels International's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($1,558 Mil) to Dec. 2022 ($1,392 Mil) but then increased from Dec. 2022 ($1,392 Mil) to Dec. 2023 ($1,419 Mil).

Melia Hotels International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Melia Hotels International'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.

Melia Hotels International Long-Term Capital Lease Obligation Chart

Melia Hotels International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,405.94

1,446.96

1,558.33

1,391.66

1,419.26

Melia Hotels International 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															-	1,466.86	-	1,419.26	-

Melia Hotels International (OTCPK:SMIZF) 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.

Melia Hotels International Long-Term Capital Lease Obligation Related Terms

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Melia Hotels International (Melia Hotels International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Melia Hotels International SA (OTCPK:SMIZF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MELe:UK 0MKO:UK MEL:Spain MEL:Germany

Address

Gremio Toneleros, 24, Poligono Son Castello, Palma de Mallorca, Baleares, ESP, 07009

Website

https://www.melia.com

Melia Hotels International SA is a Spanish owner and operator of hotels. The company operates midscale, upscale, and premium hotels across several brands, including Sol Hotels & Resorts, Melia Hotels & Resorts, and Gran Melia. Melia may either own or lease the hotels it operates, and hotel operation contributes the majority of company revenue. In addition, hotel owners may operate hotels under a Melia brand in a franchise agreement, or can contract Melia's management services to operate the hotel on its behalf. The company generates approximately half of its revenue in Spain, and the rest from America and the EMEA region.

Melia Hotels International (Melia Hotels International) Headlines

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