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Technical Olympic (FRA:TQZA) Long-Term Capital Lease Obligation : €4.32 Mil (As of Dec. 2024)


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What is Technical Olympic Long-Term Capital Lease Obligation?

Technical Olympic's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €4.32 Mil.

Technical Olympic's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€4.76 Mil) to Jun. 2024 (€4.56 Mil) and declined from Jun. 2024 (€4.56 Mil) to Dec. 2024 (€4.32 Mil).

Technical Olympic's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€5.14 Mil) to Dec. 2023 (€4.76 Mil) and declined from Dec. 2023 (€4.76 Mil) to Dec. 2024 (€4.32 Mil).


Technical Olympic Long-Term Capital Lease Obligation Historical Data

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

Technical Olympic Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.58 5.61 5.14 4.76 4.32

Technical Olympic Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 5.14 4.95 4.76 4.56 4.32

Technical Olympic  (FRA:TQZA) 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.

Technical Olympic Long-Term Capital Lease Obligation Related Terms

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Technical Olympic Business Description

Industry
Traded in Other Exchanges
Address
20 Solomou Street Alimos, Athens, GRC, 174 56
Technical Olympic SA is a Greece based company engaged in the fields of homebuilding, construction of public and private projects, tourism, wind power, construction and operation of marinas and real estate development through different companies. The group has business operations in Greece and internationally. The tourist activity is represented by the group owned resort, Porto Carras. The construction activities of the company encompass railroad projects, irrigation projects, telecommunications projects, dams, marinas, harbour and drainage projects and others.

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