AstroNova (FRA:AZO) Long-Term Capital Lease Obligation : €0.4 Mil (As of Jan. 2024)

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What is AstroNova Long-Term Capital Lease Obligation?

AstroNova's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.4 Mil.

AstroNova's quarterly Long-Term Capital Lease Obligation declined from Jul. 2023 (€0.5 Mil) to Oct. 2023 (€0.4 Mil) and declined from Oct. 2023 (€0.4 Mil) to Jan. 2024 (€0.4 Mil).

AstroNova's annual Long-Term Capital Lease Obligation declined from Jan. 2022 (€0.7 Mil) to Jan. 2023 (€0.5 Mil) and declined from Jan. 2023 (€0.5 Mil) to Jan. 2024 (€0.4 Mil).

AstroNova Long-Term Capital Lease Obligation Historical Data

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

AstroNova Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Long-Term Capital Lease Obligation

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1.15

0.87

0.71

0.52

0.38

AstroNova Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.52	0.53	0.48	0.44	0.38

AstroNova (FRA:AZO) 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.

AstroNova Long-Term Capital Lease Obligation Related Terms

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AstroNova (FRA:AZO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AstroNova Inc (FRA:AZO) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

ALOT:USA AZO:Germany

Address

600 East Greenwich Avenue, West Warwick, RI, USA, 02893

Website

https://www.astronovainc.com

AstroNova Inc designs develops, manufactures and distributes a broad range of specialty printers and data acquisition and analysis systems, including both hardware and software, which incorporate advanced technologies to acquire, store, analyze, and present data in multiple formats. Target markets for its hardware and software products include aerospace, apparel, automotive, avionics, chemicals, computer peripherals, communications, distribution, food and beverage, general manufacturing, packaging and transportation. Its business consists of two segments, Product Identification and Test & Measurement. It derives revenue from The PI segment that includes specialty printing systems and related supplies sold under the QuickLabel, TrojanLabel and GetLabels brand names.