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Saga Furs Oyj (OHEL:SAGCV) Long-Term Capital Lease Obligation : €3.35 Mil (As of Oct. 2023)


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What is Saga Furs Oyj Long-Term Capital Lease Obligation?

Saga Furs Oyj's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was €3.35 Mil.

Saga Furs Oyj's quarterly Long-Term Capital Lease Obligation declined from Oct. 2022 (€5.10 Mil) to Apr. 2023 (€0.00 Mil) but then increased from Apr. 2023 (€0.00 Mil) to Oct. 2023 (€3.35 Mil).

Saga Furs Oyj's annual Long-Term Capital Lease Obligation declined from Oct. 2021 (€5.13 Mil) to Oct. 2022 (€5.10 Mil) and declined from Oct. 2022 (€5.10 Mil) to Oct. 2023 (€3.35 Mil).


Saga Furs Oyj Long-Term Capital Lease Obligation Historical Data

The historical data trend for Saga Furs Oyj'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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Saga Furs Oyj Long-Term Capital Lease Obligation Chart

Saga Furs Oyj Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.17 5.13 5.10 3.35

Saga Furs Oyj Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 5.13 - 5.10 - 3.35

Saga Furs Oyj  (OHEL:SAGCV) 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.

Saga Furs Oyj Long-Term Capital Lease Obligation Related Terms

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Saga Furs Oyj (OHEL:SAGCV) Business Description

Traded in Other Exchanges
N/A
Address
Martinkylantie 48, Vantaa, FIN, 01720
Saga Furs Oyj is a fur auction company.

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