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ZIGExN Co (FRA:ZGE) Long-Term Capital Lease Obligation : €3.2 Mil (As of Mar. 2024)


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What is ZIGExN Co Long-Term Capital Lease Obligation?

ZIGExN Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3.2 Mil.

ZIGExN Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€4.5 Mil) to Dec. 2023 (€4.0 Mil) and declined from Dec. 2023 (€4.0 Mil) to Mar. 2024 (€3.2 Mil).

ZIGExN Co's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (€2.9 Mil) to Mar. 2023 (€6.3 Mil) but then declined from Mar. 2023 (€6.3 Mil) to Mar. 2024 (€3.2 Mil).


ZIGExN Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for ZIGExN 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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ZIGExN Co Long-Term Capital Lease Obligation Chart

ZIGExN Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.33 3.86 2.93 6.29 3.19

ZIGExN Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 5.23 4.51 4.02 3.19 -

ZIGExN Co  (FRA:ZGE) 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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ZIGExN Co Business Description

Traded in Other Exchanges
Address
3-4-8 Toranomon, 5th FloorMinato-k, Tokyo, JPN, 105-0001
ZIGExN Co Ltd develops and operates the internet media platforms called EX Sites that provide information from multiple media and submit user's requests to multiple media in one access. The company's Life Media Platform business developed services to a wide range of areas related to daily life. The company operates career change EX, an employment site, Rent SMOCCA EX, a search site for real estate information, Pharmacist jobs EX, a pharmacist job search site, among others.

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