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Right On Co (FRA:RGH) Long-Term Capital Lease Obligation : €0.0 Mil (As of Feb. 2024)


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What is Right On Co Long-Term Capital Lease Obligation?

Right On Co's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was €0.0 Mil.

Right On Co's quarterly Long-Term Capital Lease Obligation declined from Aug. 2023 (€0.0 Mil) to Nov. 2023 (€0.0 Mil) but then stayed the same from Nov. 2023 (€0.0 Mil) to Feb. 2024 (€0.0 Mil).

Right On Co's annual Long-Term Capital Lease Obligation declined from Aug. 2021 (€0.0 Mil) to Aug. 2022 (€0.0 Mil) and declined from Aug. 2022 (€0.0 Mil) to Aug. 2023 (€0.0 Mil).


Right On Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Right On Co'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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Right On Co Long-Term Capital Lease Obligation Chart

Right On Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.04 0.03 0.01

Right On Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 0.01 - -

Right On Co  (FRA:RGH) 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.

Right On Co Long-Term Capital Lease Obligation Related Terms

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Right On Co (FRA:RGH) Business Description

Industry
Traded in Other Exchanges
Address
1-11-1 Azuma, Ibaraki, Tsukuba-shi, JPN, 305-8503
Right On Co Ltd is a Japanese company engaged in selling casual wear through its stores. It offers jeans to various customers of all ages and genders. Its products include wash denim, water-repellent denim, and all-around stretch pants. It sells its products through online and nationwide chain store located in shopping centers, power centers, and station buildings, urban street stores, and suburban roadside stores.

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