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EGTYF (Eguana Technologies) Long-Term Capital Lease Obligation : $0.45 Mil (As of Sep. 2024)


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What is Eguana Technologies Long-Term Capital Lease Obligation?

Eguana Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.45 Mil.

Eguana Technologies's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 ($0.55 Mil) to Jun. 2024 ($0.88 Mil) but then declined from Jun. 2024 ($0.88 Mil) to Sep. 2024 ($0.45 Mil).

Eguana Technologies's annual Long-Term Capital Lease Obligation increased from Sep. 2021 ($0.15 Mil) to Dec. 2022 ($0.65 Mil) but then declined from Dec. 2022 ($0.65 Mil) to Dec. 2023 ($0.55 Mil).


Eguana Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Eguana Technologies'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.

* Premium members only.

Eguana Technologies Long-Term Capital Lease Obligation Chart

Eguana Technologies Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.19 0.15 0.65 0.55

Eguana Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.55 0.55 0.88 0.45

Eguana Technologies  (OTCPK:EGTYF) 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.

Eguana Technologies Long-Term Capital Lease Obligation Related Terms

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Eguana Technologies Business Description

Traded in Other Exchanges
Address
3636 7th Street S.E., Calgary, AB, CAN, T2G 2Y8
Eguana Technologies Inc designs, markets, manufactures, and sells fully integrated energy storage solutions, based on its proprietary advanced power electronics platform, for global residential and commercial markets. It markets and sells a suite of micro-inverter products, which are integrated with its energy storage platform, providing consumers with full solar storage system architecture for residential and commercial applications.