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Fobi Ai (FRA:WMV) Long-Term Capital Lease Obligation : €0.01 Mil (As of Mar. 2024)


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What is Fobi Ai Long-Term Capital Lease Obligation?

Fobi Ai's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.01 Mil.

Fobi Ai's quarterly Long-Term Capital Lease Obligation stayed the same from Sep. 2023 (€0.01 Mil) to Dec. 2023 (€0.01 Mil) and stayed the same from Dec. 2023 (€0.01 Mil) to Mar. 2024 (€0.01 Mil).

Fobi Ai's annual Long-Term Capital Lease Obligation stayed the same from Jun. 2021 (€0.02 Mil) to Jun. 2022 (€0.02 Mil) but then declined from Jun. 2022 (€0.02 Mil) to Jun. 2023 (€0.01 Mil).


Fobi Ai Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fobi Ai'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.

* Premium members only.

Fobi Ai Long-Term Capital Lease Obligation Chart

Fobi Ai Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.02 0.02 0.01

Fobi Ai 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 - 0.01 0.01 0.01 0.01

Fobi Ai  (FRA:WMV) 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.

Fobi Ai Long-Term Capital Lease Obligation Related Terms

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Fobi Ai (FRA:WMV) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Fobi Ai Inc (FRA:WMV) » Definitions » Long-Term Capital Lease Obligation
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Address
541 Howe Street, Unit 2F, Vancouver, BC, CAN, V6C 2C2
Fobi Ai Inc is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The Company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.

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