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L agence Automobiliere (XPAR:MLAA) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2020)


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What is L agence Automobiliere Long-Term Capital Lease Obligation?

L agence Automobiliere's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2020 was €0.00 Mil.

L agence Automobiliere Long-Term Capital Lease Obligation Historical Data

The historical data trend for L agence Automobiliere'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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L agence Automobiliere Long-Term Capital Lease Obligation Chart

L agence Automobiliere Annual Data
Trend Dec19 Dec20
Long-Term Capital Lease Obligation
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L agence Automobiliere Semi-Annual Data
Dec19 Dec20
Long-Term Capital Lease Obligation - -

L agence Automobiliere  (XPAR:MLAA) 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.

L agence Automobiliere Long-Term Capital Lease Obligation Related Terms

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L agence Automobiliere (XPAR:MLAA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » L agence Automobiliere SA (XPAR:MLAA) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
XPAR:ALPAR CPRT HKSE:00881 KMX TPE:2207 XBRU:DIE PAG LAD AN TSE:4732 DRVN HKSE:01268 ABG SHSE:600297 LSE:INCH GPI RUSHA SHSE:601258 ASX:APE HKSE:03669
Traded in Other Exchanges
N/A
Address
Zone Actipolis 1 24A Route Départementale 201, Sausheim, FRA, FR-68390
Website
https://www.agenceauto.com
L agence Automobiliere SA is specialized in the purchase and sale of used vehicles. The company also offers services in financing, insurance, assistance and other. It has over 90 branches located in Europe.

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