Expert .AI SpA (FRA:3K2) Long-Term Capital Lease Obligation : €0.00 Mil (As of Jun. 2023)

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What is Expert .AI SpA Long-Term Capital Lease Obligation?

Expert .AI SpA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil.

Expert .AI SpA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Expert .AI SpA'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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Expert .AI SpA Long-Term Capital Lease Obligation Chart

Expert .AI SpA Annual Data

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Long-Term Capital Lease Obligation

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Expert .AI SpA Semi-Annual Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Expert .AI SpA (FRA:3K2) 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.

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Expert .AI SpA (FRA:3K2) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Expert .AI SpA (FRA:3K2) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

EXAI:Italy 3K2:Germany

Address

Via Virgilio, 56/Q, Modena, ITA, 41123

Website

https://www.expert.ai

Expert .AI SpA is an artificial intelligence platform for language understanding. Its platform for Natural Language combines symbolic human-like comprehension and machine learning to transform language-intensive processes into practical knowledge, providing the insight required to improve decision making throughout organizations. It offers full range of on-premise, private and public cloud offerings, expert.ai augments business operations, accelerates and scales data science capabilities and simplifies AI adoption across a vast range of industries including Insurance, Banking & Finance, Publishing & Media, Defense & Intelligence, Life Science & Pharma, Oil Gas & Energy, and more.

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