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Romande Energie Holding (LTS:0QQG) Long-Term Capital Lease Obligation : CHF0.0 Mil (As of Dec. 2023)


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What is Romande Energie Holding Long-Term Capital Lease Obligation?

Romande Energie Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0.0 Mil.


Romande Energie Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Romande Energie Holding'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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Romande Energie Holding Long-Term Capital Lease Obligation Chart

Romande Energie Holding Annual Data
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Long-Term Capital Lease Obligation
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Romande Energie Holding Semi-Annual Data
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Romande Energie Holding  (LTS:0QQG) 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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Romande Energie Holding (LTS:0QQG) Business Description

Traded in Other Exchanges
Address
Rue de Lausanne 53, P.O. Box 950, Morges 1, CHE, CH-1110
Romande Energie Holding SA is a Swiss utility company involved in the generation, distribution, and marketing of electricity and energy services. The company's segment includes Grids; Energy Solutions; Romande Energie Services and Corporate. It generates maximum revenue from the Energy Solutions segment. The Energy Solutions business unit spans the entire kWh chain, operating through two divisions: generation and power/heating distribution; and end-markets.

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