SoftwareONE Holding AG (XSWX:SWON) Long-Term Capital Lease Obligation : CHF19 Mil (As of Dec. 2023)

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What is SoftwareONE Holding AG Long-Term Capital Lease Obligation?

SoftwareONE Holding AG's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF19 Mil.

SoftwareONE Holding AG's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (CHF18 Mil) to Jun. 2023 (CHF0 Mil) but then increased from Jun. 2023 (CHF0 Mil) to Dec. 2023 (CHF19 Mil).

SoftwareONE Holding AG's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (CHF22 Mil) to Dec. 2022 (CHF18 Mil) but then increased from Dec. 2022 (CHF18 Mil) to Dec. 2023 (CHF19 Mil).

SoftwareONE Holding AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for SoftwareONE 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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SoftwareONE Holding AG Long-Term Capital Lease Obligation Chart

SoftwareONE Holding AG Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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23.36

26.52

22.10

18.12

19.34

SoftwareONE Holding AG Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									22.10	-	18.12	-	19.34

SoftwareONE Holding AG (XSWX:SWON) 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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SoftwareONE Holding AG (XSWX:SWON) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » SoftwareONE Holding AG (XSWX:SWON) » Definitions » Long-Term Capital Lease Obligation

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SWONF:USA SWONz:UK SWONE:Switzerland

Address

Riedenmatt 4, Stans, CHE, CH-6370

Website

https://www.softwareone.com

SoftwareONE Holding AG is engaged in providing cloud technology solutions. It generates its revenue from Software and Cloud Marketplace by arranging software license agreements between software providers and end customers and managing cloud subscriptions for them (point in time). Revenue from Software and Cloud Services is generated by providing services to customers (over time), the sale of on-premise software only used to provide software asset management solutions and the resale or sale of self-developed on-premise software. Switzerland, the United States, Germany, and the Netherlands are the main geographical markets for the company.

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