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Village Farms International (FRA:02V) Long-Term Capital Lease Obligation : €8.5 Mil (As of Sep. 2024)


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What is Village Farms International Long-Term Capital Lease Obligation?

Village Farms International's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was €8.5 Mil.

Village Farms International's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (€9.7 Mil) to Jun. 2024 (€9.0 Mil) and declined from Jun. 2024 (€9.0 Mil) to Sep. 2024 (€8.5 Mil).

Village Farms International's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€5.9 Mil) to Dec. 2022 (€7.3 Mil) and increased from Dec. 2022 (€7.3 Mil) to Dec. 2023 (€10.4 Mil).


Village Farms International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Village Farms International'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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Village Farms International Long-Term Capital Lease Obligation Chart

Village Farms International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.45 2.35 5.94 7.35 10.39

Village Farms International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 11.06 10.39 9.69 9.02 8.52

Village Farms International  (FRA:02V) 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.

Village Farms International Long-Term Capital Lease Obligation Related Terms

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Village Farms International Business Description

Traded in Other Exchanges
Address
4700 - 80th Street, Delta, BC, CAN, V4K 3N3
Village Farms International Inc owns and operates intensive agricultural greenhouse facilities in British Columbia and Texas, where it produces, markets and sells tomatoes, bell peppers and cucumbers. Its wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products sold to other licensed providers and provincial governments across Canada and internationally. The Company's wholly owned subsidiary, Balanced Health, develops and sells, cannabidiol (CBD) based products including ingestible, edible and topical applications. The Company has identified four operating segments - Produce, Cannabis-Canada, Cannabis-U.S. and Energy. The company makes majority of its revenue from the Produce segment.

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