Amte Power (LSE:AMTE) Long-Term Capital Lease Obligation : £0.79 Mil (As of Dec. 2022)

View and export this data going back to 2021. Start your Free Trial

What is Amte Power Long-Term Capital Lease Obligation?

Amte Power's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was £0.79 Mil.

Amte Power's quarterly Long-Term Capital Lease Obligation declined from Dec. 2021 (£0.82 Mil) to Jun. 2022 (£0.78 Mil) but then increased from Jun. 2022 (£0.78 Mil) to Dec. 2022 (£0.79 Mil).

Amte Power's annual Long-Term Capital Lease Obligation increased from Mar. 2019 (£0.07 Mil) to Jun. 2021 (£0.85 Mil) but then declined from Jun. 2021 (£0.85 Mil) to Jun. 2022 (£0.78 Mil).

Amte Power Long-Term Capital Lease Obligation Historical Data

The historical data trend for Amte Power'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.

* Premium members only.

Amte Power Long-Term Capital Lease Obligation Chart

Amte Power Annual Data

Trend

Mar18

Mar19

Jun21

Jun22

Long-Term Capital Lease Obligation

0.13

0.07

0.85

0.78

Amte Power Semi-Annual Data
	Mar18	Mar19	Dec20	Jun21	Dec21	Jun22	Dec22
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			0.94	0.85	0.82	0.78	0.79

Amte Power (LSE:AMTE) 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.

Amte Power Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Amte Power's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Amte Power (LSE:AMTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Amte Power PLC (LSE:AMTE) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

9FO:Germany

Address

Denchi House, Thurso Business Park, Thurso, Caithness, SCT, KW14 7XW

Website

https://www.amtepower.com

Amte Power PLC is developing a portfolio of differentiated, lithium-ion and lithium-ion derivative battery cells. The products of the company include Ultra High-Power (UHP), Ultra Energy (UE), Ultra Safe (US), and Ultra Prime (UPr) among others. It is operated mainly in the United Kingdom.

Amte Power (LSE:AMTE) Headlines

No Headlines