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Bifire SpA (MIL:FIRE) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2023)


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What is Bifire SpA Long-Term Capital Lease Obligation?

Bifire SpA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil.


Bifire SpA Long-Term Capital Lease Obligation Historical Data

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

Bifire SpA Annual Data
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Long-Term Capital Lease Obligation
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Bifire SpA Semi-Annual Data
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Bifire SpA  (MIL:FIRE) 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.

Bifire SpA Long-Term Capital Lease Obligation Related Terms

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Bifire SpA (MIL:FIRE) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Bifire SpA (MIL:FIRE) » Definitions » Long-Term Capital Lease Obligation
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Via Lavoratori dell'Autobianchi, 1, Desio, ITA, 20832
Bifire SpA is a manufacturer of products for thermal insulation and fire protection in construction, industrial and marine environments, manufactures technological and innovative products, enabling the completion of projects. Its products comprise Aquafire, Aquafire LED, Bilife, and Vacunanex. Its products cater to Fireproofing construction, Thermal insulation construction, Fireproofing Industry, and Thermal Insulation Industry.

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