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Trillion Energy International (FRA:Z620) Long-Term Capital Lease Obligation : €0.03 Mil (As of Mar. 2025)


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What is Trillion Energy International Long-Term Capital Lease Obligation?

Trillion Energy International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €0.03 Mil.

Trillion Energy International's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (€0.03 Mil) to Dec. 2024 (€0.03 Mil) and declined from Dec. 2024 (€0.03 Mil) to Mar. 2025 (€0.03 Mil).

Trillion Energy International's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€0.01 Mil) to Dec. 2023 (€0.11 Mil) but then declined from Dec. 2023 (€0.11 Mil) to Dec. 2024 (€0.03 Mil).


Trillion Energy International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Trillion Energy International'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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Trillion Energy International Long-Term Capital Lease Obligation Chart

Trillion Energy International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.01 0.11 0.03

Trillion Energy International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.04 0.04 0.03 0.03 0.03

Trillion Energy International  (FRA:Z620) 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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Trillion Energy International Business Description

Industry
Traded in Other Exchanges
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Trillion Energy International Inc is an oil and gas-producing company with multiple assets throughout Turkey and Bulgaria. The company is 49% owner of the SASB natural gas field, one of the Black Sea's first natural gas development projects; a 19.6% (except three wells with 9.8%) ownership interest in the Cendere oil field; and Bulgaria, the Vranino 1-11 block, a prospective unconventional natural gas property. The company has three operating segments; North America, Turkey, and Bulgaria. It derives a majority of its revenue from Turkey.

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