Lilium NV (FRA:5KD) Long-Term Capital Lease Obligation : €8.22 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Lilium NV Long-Term Capital Lease Obligation?

Lilium NV's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8.22 Mil.

Lilium NV's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€8.35 Mil) to Jun. 2023 (€9.11 Mil) but then declined from Jun. 2023 (€9.11 Mil) to Dec. 2023 (€8.22 Mil).

Lilium NV's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€9.86 Mil) to Dec. 2022 (€8.35 Mil) and declined from Dec. 2022 (€8.35 Mil) to Dec. 2023 (€8.22 Mil).

Lilium NV Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lilium NV'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.

Lilium NV Long-Term Capital Lease Obligation Chart

Lilium NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

9.51

9.86

8.35

8.22

Lilium NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				9.86	9.40	8.35	9.11	8.22

Lilium NV (FRA:5KD) 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.

Lilium NV Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Lilium NV's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Lilium NV (FRA:5KD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Lilium NV (FRA:5KD) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

LILM:USA

Address

Claude-Dornier Street 1, Building 335, Wessling, BY, DEU, 82234

Website

https://www.lilium.com

Lilium NV creates a sustainable and accessible mode of high-speed, regional transportation. Using the 7-Seater Lilium Jet, an electric vertical take-off and landing jet, offering leading capacity, low noise and high performance, it is building a transport network and service for people and goods.

Lilium NV (FRA:5KD) Headlines

No Headlines