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Kruk (WAR:KRU) Long-Term Capital Lease Obligation : zł40 Mil (As of Mar. 2024)


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What is Kruk Long-Term Capital Lease Obligation?

Kruk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł40 Mil.

Kruk's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (zł40 Mil) to Dec. 2023 (zł40 Mil) but then declined from Dec. 2023 (zł40 Mil) to Mar. 2024 (zł40 Mil).

Kruk's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (zł41 Mil) to Dec. 2022 (zł40 Mil) and declined from Dec. 2022 (zł40 Mil) to Dec. 2023 (zł40 Mil).


Kruk Long-Term Capital Lease Obligation Historical Data

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

Kruk 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 44.78 63.38 41.25 40.46 40.21

Kruk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 37.62 27.61 40.20 40.21 39.52

Kruk  (WAR:KRU) 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.

Kruk Long-Term Capital Lease Obligation Related Terms

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Kruk (WAR:KRU) Business Description

Industry
Traded in Other Exchanges
Address
ul. Wolowska 8, Wroclaw, POL, 51-116
Kruk SA is the leader in the debt collection industry. It manages debts purchased on its own account and contracted by third parties. The group manages bank debt (the main client category), debts owed to loan brokers, insurance companies, leasing firms, fixed-line and mobile phone operators, cable TV companies, digital TV platforms and FMCG companies. It operates in three segments consumer debts, mortgage debts and corporate debts. Consumer debts include retail and unsecured. Mortgage debts include retail, and secured. Corporate debts include mortgage-backed and non-mortgage-backed. Aside from Poland, Kruk is present in Romania, the Czech Republic, Slovakia, Germany, Spain and Italy.

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