Tracsis (FRA:4T2) Long-Term Capital Lease Obligation : €0.59 Mil (As of Jan. 2025)

View and export this data going back to 2024. Start your Free Trial

What is Tracsis Long-Term Capital Lease Obligation?

Tracsis's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was €0.59 Mil.

Tracsis's quarterly Long-Term Capital Lease Obligation declined from Jan. 2024 (€0.93 Mil) to Jul. 2024 (€0.88 Mil) and declined from Jul. 2024 (€0.88 Mil) to Jan. 2025 (€0.59 Mil).

Tracsis's annual Long-Term Capital Lease Obligation declined from Jul. 2022 (€1.74 Mil) to Jul. 2023 (€1.11 Mil) and declined from Jul. 2023 (€1.11 Mil) to Jul. 2024 (€0.88 Mil).

Tracsis Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tracsis'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.

Tracsis Long-Term Capital Lease Obligation Chart

Tracsis Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1.09

1.32

1.74

1.11

0.88

Tracsis Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.40	1.11	0.93	0.88	0.59

Tracsis (FRA:4T2) 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.

Tracsis Long-Term Capital Lease Obligation Related Terms

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

Tracsis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tracsis PLC (FRA:4T2) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TRCS.GB:UK TRCS:UK

Address

Discovery Way, Nexus, Leeds, GBR, LS2 3AA

Website

https://www.tracsis.com

Tracsis PLC is engaged in the business of software development and consultancy for the rail industry. It is organized into two main business segments: Rail Technology and Services and Data, Analytics, Consultancy & Events. The Rail Technology and Services division includes software, consultancy, and remote condition monitoring technology and also includes Ontrac. The Data, Analytics, Consultancy & Events division which derives majority revenue, focuses on data capture and analytics, geographic information systems, earth observation, consultancy and event traffic management within a range of transport and pedestrian rich environments. The company currently operates in three geographical markets: the United Kingdom, Ireland, Rest of Europe, North America, and Rest of the world.

Tracsis Headlines

No Headlines