Singulus Technologies AG (FRA:SNG) Long-Term Capital Lease Obligation : €0.20 Mil (As of Jun. 2023)

View and export this data going back to 1997. Start your Free Trial

What is Singulus Technologies AG Long-Term Capital Lease Obligation?

Singulus Technologies AG's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.20 Mil.

Singulus Technologies AG's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (€0.20 Mil) to Dec. 2022 (€0.40 Mil) but then declined from Dec. 2022 (€0.40 Mil) to Jun. 2023 (€0.20 Mil).

Singulus Technologies AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€2.90 Mil) to Dec. 2022 (€0.40 Mil) and declined from Dec. 2022 (€0.40 Mil) to Dec. 2023 (€0.20 Mil).

Singulus Technologies AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Singulus Technologies AG'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.

Singulus Technologies AG Long-Term Capital Lease Obligation Chart

Singulus Technologies AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

7.30

5.40

2.90

0.40

0.20

Singulus Technologies AG Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.90	0.20	0.40	0.20	0.20

Singulus Technologies AG (FRA:SNG) 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.

Singulus Technologies AG Long-Term Capital Lease Obligation Related Terms

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

Singulus Technologies AG (FRA:SNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Singulus Technologies AG (FRA:SNG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SNG:Germany SNG:Germany

Address

Hanauer Landstrasse 103, Kahl am Main, BY, DEU, D-63796

Website

https://www.singulus.de

Singulus Technologies AG is an operating high-tech engineering Company. It focuses its activities on the development, manufacturing, and selling of machines, plants, and systems in the area of vacuum coating technology, surface technology, wet-chemical as well as thermal processing technology. The products and services include machine sales as well as service and replacement part activities. Its product portfolio comprises vacuum thin-film and plasma coating, wet-chemical cleaning, and thermal processing technology. The Company operates through three segments: Life Science, Solar, and Semiconductor. The company generates the majority of its revenue from the solar segment. Geographically the company operates in Europe, North and South America, Asia, Africa, and Australia.

Singulus Technologies AG (FRA:SNG) Headlines

No Headlines