GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Otello Corp ASA (OSL:OTEC) » Definitions » Long-Term Capital Lease Obligation

Otello ASA (OSL:OTEC) Long-Term Capital Lease Obligation : kr0.00 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Otello ASA Long-Term Capital Lease Obligation?

Otello ASA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil.

Otello ASA's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (kr0.82 Mil) to Jun. 2023 (kr0.00 Mil) but then stayed the same from Jun. 2023 (kr0.00 Mil) to Dec. 2023 (kr0.00 Mil).

Otello ASA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr1.80 Mil) to Dec. 2022 (kr0.82 Mil) and declined from Dec. 2022 (kr0.82 Mil) to Dec. 2023 (kr0.00 Mil).


Otello ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Otello ASA'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.

Otello ASA Long-Term Capital Lease Obligation Chart

Otello ASA 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 27.07 10.45 1.80 0.82 -

Otello ASA Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.80 0.98 0.82 - -

Otello ASA  (OSL:OTEC) 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.

Otello ASA Long-Term Capital Lease Obligation Related Terms

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


Otello ASA (OSL:OTEC) Business Description

Traded in Other Exchanges
Address
Gjerdrums vei 19, Oslo, NOR, NO-0484
Otello Corp ASA Norway-based company. The company holds shares in different businesses, including, i) Bemobi, a Mobile Media and Entertainment company that integrates people and mobile content through technology and offers a subscription-based discovery service for mobile apps in Latin America and beyond; and ii) Skyfire which offers cloud-based network solutions for mobile operators.

Otello ASA (OSL:OTEC) Headlines

No Headlines