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Boozt AB (FRA:BOK) Long-Term Capital Lease Obligation : €41.0 Mil (As of Mar. 2024)


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What is Boozt AB Long-Term Capital Lease Obligation?

Boozt AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €41.0 Mil.

Boozt AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€35.5 Mil) to Dec. 2023 (€40.8 Mil) and increased from Dec. 2023 (€40.8 Mil) to Mar. 2024 (€41.0 Mil).

Boozt AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€39.2 Mil) to Dec. 2022 (€41.6 Mil) but then declined from Dec. 2022 (€41.6 Mil) to Dec. 2023 (€40.8 Mil).


Boozt AB Long-Term Capital Lease Obligation Historical Data

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

Boozt AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.50 42.55 39.20 41.57 40.77

Boozt AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 42.01 38.92 35.46 40.77 41.00

Boozt AB  (FRA:BOK) 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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Boozt AB (FRA:BOK) Business Description

Industry
Traded in Other Exchanges
Address
Hyllie Boulevard 35, Malmo, SWE, 215 37
Boozt AB is a Nordic technology company selling fashion, apparel, and beauty online. The company operates in two segments: Boozt.com, and Booztlet.com. The Boozt.com segment consists of the operational activities related to the multi-brand webstore Boozt.com. The webstore Boozt.com is the online destination for Fashion, Kids, Sports, Beauty, and Home, tailored to deliver convenience and a curated selection of brands. The Booztlet.com segment consists of the operational activities related to Booztlet.com. The Booztlet.com segment mainly operates as the group's channel for inventory clearance, retailing items that did not sell within an allotted time frame in the webstores. The majority of its revenue is derived from Boozt.com. Geographically, the majority is derived from the Nordics.

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