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ADSE (ADS-TEC Energy) Long-Term Capital Lease Obligation : $2.4 Mil (As of Dec. 2024)


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What is ADS-TEC Energy Long-Term Capital Lease Obligation?

ADS-TEC Energy's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2.4 Mil.

ADS-TEC Energy's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 ($2.8 Mil) to Jun. 2024 ($3.9 Mil) but then declined from Jun. 2024 ($3.9 Mil) to Dec. 2024 ($2.4 Mil).

ADS-TEC Energy's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($2.8 Mil) to Dec. 2023 ($2.8 Mil) but then declined from Dec. 2023 ($2.8 Mil) to Dec. 2024 ($2.4 Mil).


ADS-TEC Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for ADS-TEC Energy'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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ADS-TEC Energy Long-Term Capital Lease Obligation Chart

ADS-TEC Energy Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 2.44 1.74 2.79 2.81 2.45

ADS-TEC Energy Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.79 3.09 2.81 3.91 2.45

ADS-TEC Energy  (NAS:ADSE) 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.

ADS-TEC Energy Long-Term Capital Lease Obligation Related Terms

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ADS-TEC Energy Business Description

Industry
Traded in Other Exchanges
Address
10 Earlsfort Terrace, Dublin, IRL, D02 T380
ADS-TEC Energy PLC produces, develops, and markets battery-buffered EV charging systems infrastructure, battery storage systems, and cloud-based services that enable the customer to control and manage the system. ADSE generates revenue mainly through the sale of its products, services, and Big-LinX. Big-LinX. Geographically, it derives a majority of its revenue from Germany.