Sondrel (Holdings) (LSE:SND) Long-Term Capital Lease Obligation : £0.23 Mil (As of Jun. 2023)

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What is Sondrel (Holdings) Long-Term Capital Lease Obligation?

Sondrel (Holdings)'s Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.23 Mil.

Sondrel (Holdings)'s quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (£0.27 Mil) to Dec. 2022 (£0.31 Mil) but then declined from Dec. 2022 (£0.31 Mil) to Jun. 2023 (£0.23 Mil).

Sondrel (Holdings)'s annual Long-Term Capital Lease Obligation increased from Dec. 2020 (£0.24 Mil) to Dec. 2021 (£0.26 Mil) and increased from Dec. 2021 (£0.26 Mil) to Dec. 2022 (£0.31 Mil).

Sondrel (Holdings) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sondrel (Holdings)'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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Sondrel (Holdings) Long-Term Capital Lease Obligation Chart

Sondrel (Holdings) Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

0.66

0.38

0.24

0.26

0.31

Sondrel (Holdings) Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	0.26	0.27	0.31	0.23

Sondrel (Holdings) (LSE:SND) 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.

Sondrel (Holdings) Long-Term Capital Lease Obligation Related Terms

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Sondrel (Holdings) (LSE:SND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sondrel (Holdings) PLC (LSE:SND) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

D0Q:Germany

Address

Sondrel House, Moulden Way, Theale Lakes Business Park, Sulhampstead, Reading, GBR, RG7 4GB

Website

https://www.sondrel.com

Sondrel (Holdings) PLC Is engaged in the semiconductor business. It provides turnkey services in the design and delivery of complex, high-end application-specific integrated circuits and systems on chips for leading global technology brands.