GURUFOCUS.COM » STOCK LIST » Technology » Software » Thinc Collective AB (XSAT:THINC) » Definitions » Long-Term Capital Lease Obligation

Thinc Collective AB (XSAT:THINC) Long-Term Capital Lease Obligation : kr0.0 Mil (As of Dec. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Thinc Collective AB Long-Term Capital Lease Obligation?

Thinc Collective AB's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.0 Mil.


Thinc Collective AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Thinc Collective AB'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.

Thinc Collective AB Long-Term Capital Lease Obligation Chart

Thinc Collective AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - -

Thinc Collective AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 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 - - - - -

Thinc Collective AB  (XSAT:THINC) 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.

Thinc Collective AB Long-Term Capital Lease Obligation Related Terms

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


Thinc Collective AB (XSAT:THINC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Södra Hamngatan 35, Gothenburg, SWE, 411 10
Thinc Collective AB is a Swedish software as a service company that develops event management systems. The group offers a group of companies within systems, communication and structure. The companies thinks up and implements ideas for its customers. Its areas of expertise range from data, analysis, technology development, SaaS systems for communication, media, PR, brand experience and financial information. The group targets customers regardless of industry with a need for coherent communication. Thinc Collective operates within the Nordic region.

Thinc Collective AB (XSAT:THINC) Headlines

No Headlines