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Zigup (FRA:21W) Long-Term Capital Lease Obligation : €123 Mil (As of Oct. 2024)


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What is Zigup Long-Term Capital Lease Obligation?

Zigup's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2024 was €123 Mil.

Zigup's quarterly Long-Term Capital Lease Obligation declined from Oct. 2023 (€138 Mil) to Apr. 2024 (€132 Mil) and declined from Apr. 2024 (€132 Mil) to Oct. 2024 (€123 Mil).

Zigup's annual Long-Term Capital Lease Obligation declined from Apr. 2022 (€134 Mil) to Apr. 2023 (€122 Mil) but then increased from Apr. 2023 (€122 Mil) to Apr. 2024 (€132 Mil).


Zigup Long-Term Capital Lease Obligation Historical Data

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

Zigup Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 80.30 111.27 133.88 121.83 131.91

Zigup Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 118.75 121.83 137.57 131.91 123.28

Zigup  (FRA:21W) 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.

Zigup Long-Term Capital Lease Obligation Related Terms

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Zigup Business Description

Industry
Traded in Other Exchanges
Address
Lingfield Way, Northgate Centre, Darlington, GBR, DL1 4PZ
Zigup PLC is a integrated mobility solutions provider, with a platform providing services across the vehicle lifecycle to help people keep on the move, smarter. It offers mobility solutions to businesses, fleet operators, insurers, OEMs and other customers across a broad range of areas from vehicle rental and fleet management to accident management, vehicle repairs, service and maintenance. the company has owned and leased vehicles, supporting managed vehicles across the UK, Ireland and Spain.

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