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Groupe Okwind (XPAR:ALOKW) Long-Term Capital Lease Obligation : €1.23 Mil (As of Dec. 2024)


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What is Groupe Okwind Long-Term Capital Lease Obligation?

Groupe Okwind's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €1.23 Mil.

Groupe Okwind's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (€0.00 Mil) to Jun. 2024 (€1.65 Mil) but then declined from Jun. 2024 (€1.65 Mil) to Dec. 2024 (€1.23 Mil).

Groupe Okwind's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€0.99 Mil) to Dec. 2023 (€0.00 Mil) but then increased from Dec. 2023 (€0.00 Mil) to Dec. 2024 (€1.23 Mil).


Groupe Okwind Long-Term Capital Lease Obligation Historical Data

The historical data trend for Groupe Okwind'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.

Groupe Okwind Long-Term Capital Lease Obligation Chart

Groupe Okwind Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.37 0.50 0.99 - 1.23

Groupe Okwind Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only 0.99 0.77 - 1.65 1.23

Groupe Okwind  (XPAR:ALOKW) 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.

Groupe Okwind Long-Term Capital Lease Obligation Related Terms

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Groupe Okwind Business Description

Traded in Other Exchanges
Address
Parc dactivites Torce Ouest ZA du Haut Montigne, Torce, FRA
Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

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