Unit4 NV (FRA:UNT) Long-Term Capital Lease Obligation : €0.0 Mil (As of Dec. 2013)

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What is Unit4 NV Long-Term Capital Lease Obligation?

Unit4 NV's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2013 was €0.0 Mil.

Unit4 NV Long-Term Capital Lease Obligation Historical Data

The historical data trend for Unit4 NV'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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Unit4 NV Long-Term Capital Lease Obligation Chart

Unit4 NV Annual Data

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Long-Term Capital Lease Obligation

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Unit4 NV Semi-Annual Data
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Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							-	-	-	-	-

Unit4 NV (FRA:UNT) 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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Unit4 NV (FRA:UNT) Business Description

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http://www.unit4.com

Unit4 NV was founded on 1980. The Company is a cloud business software and services company that helps dynamic public sector and commercial services organizations to embrace change simply, quickly and cost effectively in a market sector that call 'Businesses Living IN Change' (BLINC). The Group incorporates a number of change embracing software brands, including UNIT4 Agresso, our flagship ERP suite for mid-sized services intensive organizations. The Company's UNIT4 Coda, best-of-class financial management software; and FinancialForce.com, the cloud enterprise applications company formed with investment from salesforce.com. Its software products and services are designed to meet the needs of an ever changing business. The Company has about 300 customers with about 80,000 active users and local installations in around 20 countries.

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