Umpas Holding AS (IST:UMPAS) Long-Term Capital Lease Obligation : ₺0.7 Mil (As of Dec. 2018)

View and export this data going back to 2015. Start your Free Trial

What is Umpas Holding AS Long-Term Capital Lease Obligation?

Umpas Holding AS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2018 was ₺0.7 Mil.

Umpas Holding AS's quarterly Long-Term Capital Lease Obligation increased from Dec. 2017 (₺0.2 Mil) to Jun. 2018 (₺0.7 Mil) and increased from Jun. 2018 (₺0.7 Mil) to Dec. 2018 (₺0.7 Mil).

Umpas Holding AS's annual Long-Term Capital Lease Obligation declined from Dec. 2016 (₺0.2 Mil) to Dec. 2017 (₺0.2 Mil) but then increased from Dec. 2017 (₺0.2 Mil) to Dec. 2018 (₺0.7 Mil).

Umpas Holding AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Umpas Holding AS'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.

Umpas Holding AS Long-Term Capital Lease Obligation Chart

Umpas Holding AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.56

0.23

0.24

0.18

0.75

Umpas Holding AS Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					0.24	0.41	0.18	0.73	0.75

Umpas Holding AS (IST:UMPAS) 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.

Umpas Holding AS Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Umpas Holding AS's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Umpas Holding AS (IST:UMPAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Umpas Holding AS (IST:UMPAS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kome Mahallesi Taslak Sokak Number 9, Usak, TUR

Website

http://www.umpasholding.com.tr

Umpas Holding AS is an investment company. The company through its subsidaries operates in different sectors such as food, machinery, ceramics, construction, retail and shopping centers.

Umpas Holding AS (IST:UMPAS) Headlines

No Headlines