GURUFOCUS.COM » STOCK LIST » Technology » Software » accesso Technology Group PLC (LSE:ACSO) » Definitions » Long-Term Capital Lease Obligation

accesso Technology Group (LSE:ACSO) Long-Term Capital Lease Obligation : £0.9 Mil (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is accesso Technology Group Long-Term Capital Lease Obligation?

accesso Technology Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.9 Mil.

accesso Technology Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (£0.6 Mil) to Jun. 2023 (£1.2 Mil) but then declined from Jun. 2023 (£1.2 Mil) to Dec. 2023 (£0.9 Mil).

accesso Technology Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (£2.1 Mil) to Dec. 2022 (£0.6 Mil) but then increased from Dec. 2022 (£0.6 Mil) to Dec. 2023 (£0.9 Mil).


accesso Technology Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for accesso Technology Group'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.

accesso Technology Group Long-Term Capital Lease Obligation Chart

accesso Technology Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.80 2.82 2.06 0.63 0.93

accesso Technology Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.06 1.72 0.63 1.20 0.93

accesso Technology Group  (LSE:ACSO) 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.

accesso Technology Group Long-Term Capital Lease Obligation Related Terms

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


accesso Technology Group (LSE:ACSO) Business Description

Industry
Traded in Other Exchanges
Address
Unit 5, The Pavilions, Ruscombe Park, Twyford, GBR, RG10 9NN
accesso Technology Group PLC is a software company engaged in the development and application of ticketing, mobile, and eCommerce technologies,s, licensing, and operation of virtual queuing solutions s and providing a personalized experience to customers within the attractions and leisure industry. It operates in Ticketing and Distribution segment. Its solutions are accesso LoQueue, accesso Passport, accesso Siriuswarem, and accesso ShoWare, which provide solutions for ticketing & admissions, gift cards, kiosks, and eCommerce, box office, call center, and social media sales, food and beverage, retail, eCommerce via kiosk or mobile. It has a presence in the UK, other Europe, Australia, the USA, and Canada which drives key revenue, in Central and South America.

accesso Technology Group (LSE:ACSO) Headlines

No Headlines