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Brenmiller Energy (Brenmiller Energy) Long-Term Capital Lease Obligation : $0.74 Mil (As of Jun. 2023)


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What is Brenmiller Energy Long-Term Capital Lease Obligation?

Brenmiller Energy's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $0.74 Mil.

Brenmiller Energy's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.93 Mil) to Mar. 2023 ($0.84 Mil) and declined from Mar. 2023 ($0.84 Mil) to Jun. 2023 ($0.74 Mil).

Brenmiller Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($2.45 Mil) to Dec. 2022 ($0.93 Mil) and declined from Dec. 2022 ($0.93 Mil) to Dec. 2023 ($0.53 Mil).


Brenmiller Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Brenmiller Energy'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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Brenmiller Energy Long-Term Capital Lease Obligation Chart

Brenmiller Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 2.45 0.93 0.53

Brenmiller Energy Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.93 0.84 0.74 0.53

Brenmiller Energy  (NAS:BNRG) 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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Brenmiller Energy (Brenmiller Energy) Business Description

Traded in Other Exchanges
N/A
Address
13 Amal Street, 4th floor, Park Afek, Rosh Haayin, ISR, 4809249
Brenmiller Energy Ltd is an Israel based company. It is a technology company that develops, produces, markets and sells thermal energy storage.