Tekno Industria e Comercio (BSP:TKNO4) Long-Term Capital Lease Obligation : R$0.3 Mil (As of Dec. 2023)

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What is Tekno Industria e Comercio Long-Term Capital Lease Obligation?

Tekno Industria e Comercio's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0.3 Mil.

Tekno Industria e Comercio's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (R$0.3 Mil) to Sep. 2023 (R$0.5 Mil) but then declined from Sep. 2023 (R$0.5 Mil) to Dec. 2023 (R$0.3 Mil).

Tekno Industria e Comercio's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R$0.3 Mil) to Dec. 2022 (R$0.5 Mil) but then declined from Dec. 2022 (R$0.5 Mil) to Dec. 2023 (R$0.3 Mil).

Tekno Industria e Comercio Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tekno Industria e Comercio'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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Tekno Industria e Comercio Long-Term Capital Lease Obligation Chart

Tekno Industria e Comercio Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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0.48

0.20

0.31

0.51

0.34

Tekno Industria e Comercio Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.51	0.47	0.34	0.48	0.34

Tekno Industria e Comercio (BSP:TKNO4) 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.

Tekno Industria e Comercio Long-Term Capital Lease Obligation Related Terms

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Tekno Industria e Comercio (BSP:TKNO4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Tekno SA Industria e Comercio (BSP:TKNO4) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Rua Alfredo Mario Pizzotti, 51 - Vila Guilherme, Sao Paulo, SP, BRA, 2060040

Website

https://www.teknokroma.com.br

Tekno SA Industria e Comercio manufactures pre-painted metal materials used for metallic doors, sandwich panels, roofing and siding profiles for construction, elevators, and cold storages. It also provides finishes, coatings and films, and anti-fingerprint products; and aluminum composite materials for façades, insulation, and commercial signage.

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