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Autogrill SpA (MIL:AGL) Long-Term Capital Lease Obligation : €1,339 Mil (As of Dec. 2022)


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What is Autogrill SpA Long-Term Capital Lease Obligation?

Autogrill SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was €1,339 Mil.

Autogrill SpA's quarterly Long-Term Capital Lease Obligation declined from Dec. 2021 (€1,383 Mil) to Jun. 2022 (€1,356 Mil) and declined from Jun. 2022 (€1,356 Mil) to Dec. 2022 (€1,339 Mil).

Autogrill SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (€1,590 Mil) to Dec. 2021 (€1,383 Mil) and declined from Dec. 2021 (€1,383 Mil) to Dec. 2022 (€1,339 Mil).


Autogrill SpA Long-Term Capital Lease Obligation Historical Data

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

Autogrill SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 2,100.41 1,590.38 1,383.16 1,339.03

Autogrill SpA Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 1,590.38 1,343.07 1,383.16 1,356.28 1,339.03

Autogrill SpA  (MIL:AGL) 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.

Autogrill SpA Long-Term Capital Lease Obligation Related Terms

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Autogrill SpA (MIL:AGL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Centro Direzionale Milanofiori, Palazzo Z, Strada 5, Rozzano, ITA, 20089
Autogrill SpA operates thousands of food and beverage concession stands designed mostly for travellers. It has thousands of locations along motorways and in airports, train stations, and shopping centers. Autogrill's concession stands operate both as proprietary brands, such as Ciao, Bistrot, Puro Gusto, Motta, and Beaudeven, as well as licensed local and international brands, such as Starbucks, Burger King, and Brioche Doree. Roughly half of the company's revenue is generated in North America, where the company has most of its airport locations. The remaining revenue comes from Europe, where the company has far more total locations consisting mostly of locations along motorways in Italy and other parts of Europe.