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Elecster Oyj (OHEL:ELEAV) Long-Term Capital Lease Obligation : €0.00 Mil (As of Mar. 2023)


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What is Elecster Oyj Long-Term Capital Lease Obligation?

Elecster Oyj's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was €0.00 Mil.

Elecster Oyj's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€0.39 Mil) but then declined from Dec. 2022 (€0.39 Mil) to Mar. 2023 (€0.00 Mil).

Elecster Oyj's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€0.23 Mil) to Dec. 2022 (€0.39 Mil) and increased from Dec. 2022 (€0.39 Mil) to Dec. 2023 (€0.48 Mil).


Elecster Oyj Long-Term Capital Lease Obligation Historical Data

The historical data trend for Elecster Oyj'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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Elecster Oyj Long-Term Capital Lease Obligation Chart

Elecster Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.27 0.23 0.39 0.48

Elecster Oyj Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.39 - 0.48

Elecster Oyj  (OHEL:ELEAV) 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.

Elecster Oyj Long-Term Capital Lease Obligation Related Terms

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Elecster Oyj (OHEL:ELEAV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Sontulantie 382, PL 39, Akaa, FIN, 37801
Elecster Oyj operates as an engineering and manufacturer of dairy machinery and packaging material. It is involved in the supply of product such as ultra-high temperature lines, sterilizers, aseptic, extended shelf life, and pasteurized pouch filling machines, autopackers and related economical and ecological packaging materials. Geographically, the activities are operated through Finland and it also owns packaging material production lines in Finland.

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