Atome (LSE:ATOM) Long-Term Capital Lease Obligation : £0.01 Mil (As of Jun. 2024)

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What is Atome Long-Term Capital Lease Obligation?

Atome's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was £0.01 Mil.

Atome's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£0.02 Mil) but then declined from Dec. 2023 (£0.02 Mil) to Jun. 2024 (£0.01 Mil).

Atome's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (£0.02 Mil) to Dec. 2022 (£0.00 Mil) but then increased from Dec. 2022 (£0.00 Mil) to Dec. 2023 (£0.02 Mil).

Atome Long-Term Capital Lease Obligation Historical Data

The historical data trend for Atome'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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Atome Long-Term Capital Lease Obligation Chart

Atome Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.02

Atome Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			0.01	-	-	0.02	0.01

Atome (LSE:ATOM) 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.

Atome Long-Term Capital Lease Obligation Related Terms

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Atome Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Atome PLC (LSE:ATOM) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Selby Road, Carrwood Park, Leeds, GBR, LS15 4LG

Website

https://www.atomeplc.com

Atome PLC produces, markets, and distributes green hydrogen and ammonia. The company's subsidiaries have commenced operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners. The Company currently has projects in two geographical markets such as the Paraguay and Iceland.