Mayr-Melnhof Karton AG (WBO:MMK) Long-Term Capital Lease Obligation : €0 Mil (As of Mar. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Mayr-Melnhof Karton AG Long-Term Capital Lease Obligation?

Mayr-Melnhof Karton AG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0 Mil.

Mayr-Melnhof Karton AG's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€0 Mil) to Dec. 2023 (€88 Mil) but then declined from Dec. 2023 (€88 Mil) to Mar. 2024 (€0 Mil).

Mayr-Melnhof Karton AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€74 Mil) to Dec. 2022 (€93 Mil) but then declined from Dec. 2022 (€93 Mil) to Dec. 2023 (€88 Mil).

Mayr-Melnhof Karton AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Mayr-Melnhof Karton AG'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.

Mayr-Melnhof Karton AG Long-Term Capital Lease Obligation Chart

Mayr-Melnhof Karton AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

45.31

39.56

73.98

93.04

87.86

Mayr-Melnhof Karton AG 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															-	89.58	-	87.86	-

Mayr-Melnhof Karton AG (WBO:MMK) 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.

Mayr-Melnhof Karton AG Long-Term Capital Lease Obligation Related Terms

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

Mayr-Melnhof Karton AG (WBO:MMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Mayr-Melnhof Karton AG (WBO:MMK) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

0NZ7:UK MYM:Germany

Address

Brahmsplatz 6, Vienna, AUT, A-1040

Website

https://www.mm.group

Mayr-Melnhof Karton AG manufactures and sells a variety of folding cartons for consumer goods packaging. The firm organizes itself into two segments based on the product type. The MM packaging segment, which generates the majority of revenue, sells packaging for consumer goods, which include cigarettes, pharmaceuticals, detergents, personal care products, and luxury products. The MM Board & Paper segment manufactures and markets numerous grades of cartonboard, focusing on coated cartonboard produced predominantly from recycled fibers as well as virgin fiber-based cartonboard. The vast majority of revenue comes from Europe.

Executives

Dr. Nikolaus Ankershofen	Supervisory Board
Mmag. Peter Oswald	Board of Directors
Univ.-prof. Dr. Klaus Rabel	Supervisory Board

Mayr-Melnhof Karton AG (WBO:MMK) Headlines

No Headlines