Ellies Holdings (Ellies Holdings) Long-Term Capital Lease Obligation : $0.25 Mil (As of Oct. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Ellies Holdings Long-Term Capital Lease Obligation?

Ellies Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.25 Mil.

Ellies Holdings's quarterly Long-Term Capital Lease Obligation declined from Oct. 2022 ($0.46 Mil) to Apr. 2023 ($0.33 Mil) and declined from Apr. 2023 ($0.33 Mil) to Oct. 2023 ($0.25 Mil).

Ellies Holdings's annual Long-Term Capital Lease Obligation declined from Apr. 2021 ($1.42 Mil) to Apr. 2022 ($0.80 Mil) and declined from Apr. 2022 ($0.80 Mil) to Apr. 2023 ($0.33 Mil).

Ellies Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ellies Holdings'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.

Ellies Holdings Long-Term Capital Lease Obligation Chart

Ellies Holdings Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.66

1.42

0.80

0.33

Ellies Holdings Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.10	0.80	0.46	0.33	0.25

Ellies Holdings (OTCPK:ELLHY) 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.

Ellies Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Ellies Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Ellies Holdings (Ellies Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ellies Holdings Ltd (OTCPK:ELLHY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ELI:South Africa

Address

Brooklyn Place, 3 Centex Close, Kramerville, Sandton, Johannesburg, GT, ZAF, 2090

Website

https://www.ellies.co.za

Ellies Holdings Ltd is engaged in manufacturing, trading and distribution of a diverse range of products and services, inclusive of Digital Terrestrial Television and satellite products and related accessories, electrical, signal distribution, residential and commercial LED lighting solutions, solar PV, sound and AV equipment distribution and installation. It operates through trading and distribution segment that sources and markets both locally and internationally. Geographically, the company derives revenue from South Africa, Botswana, Namibia, Eswatini, the maximum revenue is derived from South Africa.

Ellies Holdings (Ellies Holdings) Headlines

No Headlines