ARHT Media (FRA:VE3P) Long-Term Capital Lease Obligation

: €0.07 Mil (As of Sep. 2023)

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ARHT Media's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.07 Mil.

ARHT Media's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (€0.01 Mil) to Jun. 2023 (€0.10 Mil) but then declined from Jun. 2023 (€0.10 Mil) to Sep. 2023 (€0.07 Mil).

ARHT Media's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (€0.25 Mil) to Dec. 2021 (€0.11 Mil) and declined from Dec. 2021 (€0.11 Mil) to Dec. 2022 (€0.01 Mil).

ARHT Media Long-Term Capital Lease Obligation Historical Data

The historical data trend for ARHT Media'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.

ARHT Media Annual Data

Trend

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

0.32

0.25

0.11

0.01

ARHT Media Quarterly Data
	Oct18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation																0.05	0.01	0.01	0.10	0.07

ARHT Media (FRA:VE3P) 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.

ARHT Media Long-Term Capital Lease Obligation Related Terms

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ARHT Media (FRA:VE3P) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ARHT Media Inc (FRA:VE3P) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

ARHTF:USA ART:Canada

Address

195 Bentworth Avenue, Unit 2, Toronto, ON, CAN, M6A 1P9

Website

https://www.arhtmedia.com

ARHT Media Inc engages in the creation, transmission, and delivery of digital human hologram. The company offers HumaGrams which are interactive human holograms generated using Augmented Reality Holographic Technology (ARHT), which allows its customers to interact and conduct real-time e-commerce with consumers, as well as to provide analytics back to retailers through the platform. This platform supports various markets, such as seminars, conferences, trade shows, corporate meetings, education, and live events, and digital signages. The company's geographical segments include Canada; the United States; Europe and the Middle East; and Asia.

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