Media Investment Optimization (XMAD:MIO) Long-Term Capital Lease Obligation : €0.24 Mil (As of Dec. 2023)

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What is Media Investment Optimization Long-Term Capital Lease Obligation?

Media Investment Optimization's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.24 Mil.

Media Investment Optimization's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€0.34 Mil) to Jun. 2023 (€0.29 Mil) and declined from Jun. 2023 (€0.29 Mil) to Dec. 2023 (€0.24 Mil).

Media Investment Optimization's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€0.00 Mil) to Dec. 2022 (€0.34 Mil) but then declined from Dec. 2022 (€0.34 Mil) to Dec. 2023 (€0.24 Mil).

Media Investment Optimization Long-Term Capital Lease Obligation Historical Data

The historical data trend for Media Investment Optimization'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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Media Investment Optimization Long-Term Capital Lease Obligation Chart

Media Investment Optimization Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.02

0.34

0.24

Media Investment Optimization Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	0.34	0.29	0.24

Media Investment Optimization (XMAD:MIO) 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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Media Investment Optimization (XMAD:MIO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Media Investment Optimization SA (XMAD:MIO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

Paseo Castellana 95 Pl 24, Torre Europa Building, Madrid, ESP, 28046

Website

https://www.mio.es

Media Investment Optimization SA is a consultancy company in the integration of marketing services and digital transformation, oriented to provide an impact on the income statement of its clients, through the use of technology. It is made up of different companies specialized in the fields of marketing and advertising: creativity, media buying, data analytics, social media, web development, marketing automation and technology.