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Zooz Power (XTAE:ZOOZ) Long-Term Capital Lease Obligation : ₪0.00 Mil (As of . 20)


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What is Zooz Power Long-Term Capital Lease Obligation?

Zooz Power's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was ₪0.00 Mil.


Zooz Power Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zooz Power'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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Zooz Power Long-Term Capital Lease Obligation Chart

Zooz Power Annual Data
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Long-Term Capital Lease Obligation

Zooz Power Semi-Annual Data
Long-Term Capital Lease Obligation

Zooz Power  (XTAE:ZOOZ) 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.

Zooz Power Long-Term Capital Lease Obligation Related Terms

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Zooz Power (XTAE:ZOOZ) Business Description

Traded in Other Exchanges
Address
Hamelacha 4B, Lod, ISR, 7152008
Zooz Power Ltd has developed a unique kinetic energy storage technology, which enables unlimited high power charge and discharge cycles. Utilizing its proprietary Kinetic Power Booster technology, the company facilitates the deployment of fast and ultra-fast EV charging stations anywhere. It offers kinetic power boosters, high power chargers, and fully managed charging services for electric vehicles. Its systems are deployed in Germany, Austria, Italy, and the Czech Republic, with leading energy and automotive companies.

Zooz Power (XTAE:ZOOZ) Headlines

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