Motorcar Parts of America MPAA Finance Lease Liability, Current
Finance Lease Liability, Current at other companies
Other financials
Where this comes from
Reported directly by Motorcar Parts of America in its filing.
Tagged under the XBRL concept us-gaap:FinanceLeaseLiabilityCurrent.
The official record: Motorcar Parts of America’s 10-K, filed June 11, 2024, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Motorcar Parts of America's finance lease liability, current?
- Motorcar Parts of America (MPAA) reported finance lease liability, current of $1.59M in Q1 2024.
- What is the long-term trend for Motorcar Parts of America's finance lease liability, current?
- Over 3 years (2021 to 2024), Motorcar Parts of America's finance lease liability, current has grown at a -15.6% compound annual growth rate (CAGR), from $2.64M to $1.59M.
- What does finance lease liability, current mean?
- Finance lease liabilities (current) represent the portion of lease obligations that are due to be paid within the next twelve months. These obligations arise from long-term contracts where the company effectively controls the leased asset. This metric is critical for assessing near-term liquidity and cash flow requirements.