Dotsoft (ATH:DOTSOFT) Long-Term Capital Lease Obligation : €0.00 Mil (As of . 20)

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What is Dotsoft Long-Term Capital Lease Obligation?

Dotsoft's Long-Term Capital Lease Obligation for the quarter that ended in . 20 was €0.00 Mil.

Dotsoft Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dotsoft'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.
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Dotsoft Long-Term Capital Lease Obligation Chart

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Long-Term Capital Lease Obligation

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Long-Term Capital Lease Obligation

Dotsoft (ATH:DOTSOFT) 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.

Dotsoft Long-Term Capital Lease Obligation Related Terms

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Dotsoft Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Dotsoft SA (ATH:DOTSOFT) » Definitions » Long-Term Capital Lease Obligation

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Address

3 Navaarchou Kountouriotou, Thessaloniki, GRC

Website

https://www.dotsoft.gr

Dotsoft SA is one of the most innovative and pioneering IT and communications companies. The main objective of the company is to strengthen its competitiveness in the ICT sector and in particular in the services and integrated solutions that will be provided through the new diffusion channels of the internet. The company offers the following solutions to the Greek and International market which includes e-business, e-government & mobile government, digi-culture, e-tourism and Smart and Sustainable cities.

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