Linus Digital Finance AG (FRA:LDF) Long-Term Capital Lease Obligation : €1.75 Mil (As of Jun. 2024)

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What is Linus Digital Finance AG Long-Term Capital Lease Obligation?

Linus Digital Finance AG's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1.75 Mil.

Linus Digital Finance AG's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€2.78 Mil) to Dec. 2023 (€2.28 Mil) and declined from Dec. 2023 (€2.28 Mil) to Jun. 2024 (€1.75 Mil).

Linus Digital Finance AG's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€0.37 Mil) to Dec. 2022 (€3.37 Mil) but then declined from Dec. 2022 (€3.37 Mil) to Dec. 2023 (€2.28 Mil).

Linus Digital Finance AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Linus Digital Finance AG'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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Linus Digital Finance AG Long-Term Capital Lease Obligation Chart

Linus Digital Finance AG Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.54

0.37

3.37

2.28

Linus Digital Finance AG Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				3.91	3.37	2.78	2.28	1.75

Linus Digital Finance AG (FRA:LDF) 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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Linus Digital Finance AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Linus Digital Finance AG (FRA:LDF) » Definitions » Long-Term Capital Lease Obligation

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LDF:Germany

Address

Alexanderstrasse 7, Berlin, DEU, 10178

Website

https://www.linus-finance.com

Linus Digital Finance AG is engaged in the development and management of financing solutions for real estate projects. Its digital platform gives professional and semi-professional investors access to curated real estate investments. The company's operating segment includes Linus Corporate and Linus Funds. It generates maximum revenue from the Linus Corporate segment.

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