u-Blox Holding AG (u-Blox Holding AG) Long-Term Capital Lease Obligation : $31.0 Mil (As of Dec. 2023)

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What is u-Blox Holding AG Long-Term Capital Lease Obligation?

u-Blox Holding AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $31.0 Mil.

u-Blox Holding AG's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 ($31.7 Mil) to Jun. 2023 ($31.7 Mil) but then declined from Jun. 2023 ($31.7 Mil) to Dec. 2023 ($31.0 Mil).

u-Blox Holding AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($29.8 Mil) to Dec. 2022 ($31.7 Mil) but then declined from Dec. 2022 ($31.7 Mil) to Dec. 2023 ($31.0 Mil).

u-Blox Holding AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for u-Blox Holding 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.

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u-Blox Holding AG Long-Term Capital Lease Obligation Chart

u-Blox Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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17.17

31.81

29.75

31.71

31.03

u-Blox Holding AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															29.75	28.19	31.71	31.71	31.03

u-Blox Holding AG (OTCPK:UBLXF) 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.

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u-Blox Holding AG (u-Blox Holding AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » u-Blox Holding AG (OTCPK:UBLXF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

UBXNz:UK 0QNI:UK UBXN:Switzerland

Address

Zurcherstrasse 68, Thalwil, CHE, 8800

Website

https://www.u-blox.com

u-Blox Holding AG is a Swiss manufacturer of wireless semiconductors and modules for use in consumer, automotive, and industrial applications. The firm's business is organized into two segments--Positioning and Wireless products segment develop and distribute GPS/GNSS positioning receivers and wireless communication modules which are mainly used in automotive, industrial, and consumer applications, and Wireless Services, which offer wireless communication technology services for reference designs and software. Roughly half of the firm's revenue is generated in the Asia-Pacific region, with the rest coming from Europe, Middle East and Africa, and the Americas.