The Azur Selection (XPAR:MLAZR) Long-Term Capital Lease Obligation : €17.45 Mil (As of Dec. 2023)

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What is The Azur Selection Long-Term Capital Lease Obligation?

The Azur Selection's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €17.45 Mil.

The Azur Selection's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€14.02 Mil) to Jun. 2023 (€9.27 Mil) but then increased from Jun. 2023 (€9.27 Mil) to Dec. 2023 (€17.45 Mil).

The Azur Selection's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€13.22 Mil) to Dec. 2022 (€14.02 Mil) and increased from Dec. 2022 (€14.02 Mil) to Dec. 2023 (€17.45 Mil).

The Azur Selection Long-Term Capital Lease Obligation Historical Data

The historical data trend for The Azur Selection'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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The Azur Selection Long-Term Capital Lease Obligation Chart

The Azur Selection Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

21.86

13.22

14.02

17.45

The Azur Selection Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			13.22	21.66	14.02	9.27	17.45

The Azur Selection (XPAR:MLAZR) 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.

The Azur Selection Long-Term Capital Lease Obligation Related Terms

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The Azur Selection (XPAR:MLAZR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Azur Selection SA (XPAR:MLAZR) » Definitions » Long-Term Capital Lease Obligation

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Address

19 Stratarchou Alexandrou Papagou Str., Voula, GRC, 16673

Website

https://www.azurselection.com

The Azur Selection SA is a real estate investment company, with interests in hospitality in Greece and the South of France. Its objective is to progressively become a majorly holding company in the field of hotel and hospitality investments and real estate both in Greece and France by providing excellent hospitality services and offering a range of special experiences to its customers.

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