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NARF Industries (LSE:NARF) Long-Term Capital Lease Obligation : £0.00 Mil (As of Sep. 2024)


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What is NARF Industries Long-Term Capital Lease Obligation?

NARF Industries's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was £0.00 Mil.

NARF Industries's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£0.00 Mil) to Jun. 2023 (£0.00 Mil) but then stayed the same from Jun. 2023 (£0.00 Mil) to Sep. 2024 (£0.00 Mil).

NARF Industries's annual Long-Term Capital Lease Obligation stayed the same from . 20 (£0.00 Mil) to Mar. 2020 (£0.00 Mil) but then increased from Mar. 2020 (£0.00 Mil) to Dec. 2021 (£0.02 Mil).


NARF Industries Long-Term Capital Lease Obligation Historical Data

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

NARF Industries Annual Data
Trend Mar20 Dec21
Long-Term Capital Lease Obligation
- 0.02

NARF Industries Semi-Annual Data
Mar20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 0.02 - - - -

NARF Industries  (LSE:NARF) 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.

NARF Industries Long-Term Capital Lease Obligation Related Terms

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NARF Industries Business Description

Industry
Traded in Other Exchanges
N/A
Address
5 Fleet Place, London, GBR, EC4M 7RD
NARF Industries PLC is a cybersecurity company. It is focused on building a group capable of offering cybersecurity solutions in the USA and abroad. The Group provides government research and development services (GR&D) and government solutions and services (GS&S). GR&D services principally comprise theoretical research into potential cybersecurity threats along with the development of source code to test cybersecurity defenses against those threats. GS&S services include the development of infrastructure and software to analyze potential threats and seek to reduce risks.

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