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Cabka NV (FRA:7GW) Long-Term Capital Lease Obligation : €0.0 Mil (As of Jun. 2024)


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What is Cabka NV Long-Term Capital Lease Obligation?

Cabka NV's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.0 Mil.

Cabka NV's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (€0.0 Mil) to Dec. 2023 (€11.0 Mil) but then declined from Dec. 2023 (€11.0 Mil) to Jun. 2024 (€0.0 Mil).

Cabka NV's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€5.5 Mil) to Dec. 2022 (€7.6 Mil) and increased from Dec. 2022 (€7.6 Mil) to Dec. 2023 (€11.0 Mil).


Cabka NV Long-Term Capital Lease Obligation Historical Data

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

Cabka NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
12.22 5.53 7.63 10.97

Cabka NV Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 5.94 7.63 - 10.97 -

Cabka NV  (FRA:7GW) 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.

Cabka NV Long-Term Capital Lease Obligation Related Terms

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Cabka NV Business Description

Industry
Traded in Other Exchanges
Address
John M. Keynesplein 10, Amsterdam, NH, NLD, 1066
Cabka NV is engaged in recycling plastics from post-consumer and post-industrial waste into reusable pallets- and large container solutions enhancing logistics chain sustainability. Geographically, the company generates a majority of its revenue from Europe and the rest from North America.

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