B&C Speakers SpA (MIL:BEC) Long-Term Capital Lease Obligation : €4.96 Mil (As of Mar. 2024)

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What is B&C Speakers SpA Long-Term Capital Lease Obligation?

B&C Speakers SpA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4.96 Mil.

B&C Speakers SpA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€3.01 Mil) to Dec. 2023 (€5.23 Mil) but then declined from Dec. 2023 (€5.23 Mil) to Mar. 2024 (€4.96 Mil).

B&C Speakers SpA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€3.92 Mil) to Dec. 2022 (€3.64 Mil) but then increased from Dec. 2022 (€3.64 Mil) to Dec. 2023 (€5.23 Mil).

B&C Speakers SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for B&C Speakers 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.

* Premium members only.

B&C Speakers SpA Long-Term Capital Lease Obligation Chart

B&C Speakers SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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3.10

2.27

3.92

3.64

5.23

B&C Speakers 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															3.33	3.32	3.01	5.23	4.96

B&C Speakers SpA (MIL:BEC) 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.

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B&C Speakers SpA (MIL:BEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » B&C Speakers SpA (MIL:BEC) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

37B:Germany

Address

Via Poggiomoro 1, Localita Vallina, Bagno a Ripoli, Florence, ITA, 50012

Website

https://www.bcspeakers.com

B&C Speakers SpA is an Italy-based company. The company is engaged in the production and marketing of professional loudspeakers. The company operates in a business segment that is Acoustic Transducers. The sales and services generate maximum revenue for the company. Geographically the company exports its products to Latin America, Europe, North America, Middle East, Africa, and Asia regions. The product category of the company consists of LF FE Drivers, LF ND Drivers, HF Drivers, Coaxials, and others.

B&C Speakers SpA (MIL:BEC) Headlines

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