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Teka-Tecelagem Kuehnrich (BSP:TEKA4) Long-Term Capital Lease Obligation : R$0.0 Mil (As of Dec. 2023)


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What is Teka-Tecelagem Kuehnrich Long-Term Capital Lease Obligation?

Teka-Tecelagem Kuehnrich's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$0.0 Mil.


Teka-Tecelagem Kuehnrich Long-Term Capital Lease Obligation Historical Data

The historical data trend for Teka-Tecelagem Kuehnrich'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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Teka-Tecelagem Kuehnrich Long-Term Capital Lease Obligation Chart

Teka-Tecelagem Kuehnrich Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Teka-Tecelagem Kuehnrich Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Teka-Tecelagem Kuehnrich  (BSP:TEKA4) 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.

Teka-Tecelagem Kuehnrich Long-Term Capital Lease Obligation Related Terms

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Teka-Tecelagem Kuehnrich (BSP:TEKA4) Business Description

Traded in Other Exchanges
Address
R Paulo Kuehnrich 68, Bairro Itoupava Norte, Blumenau, SC, BRA, 89052900
Teka-Tecelagem Kuehnrich SA is engaged in the textile industry. Through its three lines of business - Home, Profiline and Exports - it produces and offers bed, table and bath textile products, among others.

Teka-Tecelagem Kuehnrich (BSP:TEKA4) Headlines

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