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Tritium DCFC (Tritium DCFC) Long-Term Capital Lease Obligation : $22.59 Mil (As of Jun. 2023)


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What is Tritium DCFC Long-Term Capital Lease Obligation?

Tritium DCFC's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $22.59 Mil.

Tritium DCFC's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 ($25.56 Mil) to Dec. 2022 ($22.97 Mil) and declined from Dec. 2022 ($22.97 Mil) to Jun. 2023 ($22.59 Mil).

Tritium DCFC's annual Long-Term Capital Lease Obligation increased from Jun. 2021 ($17.66 Mil) to Jun. 2022 ($25.56 Mil) but then declined from Jun. 2022 ($25.56 Mil) to Jun. 2023 ($22.59 Mil).


Tritium DCFC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tritium DCFC'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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Tritium DCFC Long-Term Capital Lease Obligation Chart

Tritium DCFC Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
13.68 17.66 25.56 22.59

Tritium DCFC Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 17.66 16.02 25.56 22.97 22.59

Tritium DCFC  (OTCPK:DCFWQ) 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.

Tritium DCFC Long-Term Capital Lease Obligation Related Terms

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Tritium DCFC (Tritium DCFC) Business Description

Traded in Other Exchanges
Address
48 Miller Street Murarrie, Murarrie, QLD, AUS, 4172
Tritium DCFC Ltd designs and manufactures proprietary hardware and software to create advanced and reliable DC fast chargers for electric vehicles. The company's segment includes Hardware and Service and Maintenance. It generates maximum revenue from the Hardware segment. Geographically, it derives a majority of its revenue from the Netherlands.