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Windward (LSE:WNWD) Long-Term Capital Lease Obligation : £1.10 Mil (As of Dec. 2023)


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What is Windward Long-Term Capital Lease Obligation?

Windward's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.10 Mil.

Windward's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£1.42 Mil) to Jun. 2023 (£1.24 Mil) and declined from Jun. 2023 (£1.24 Mil) to Dec. 2023 (£1.10 Mil).

Windward's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (£0.00 Mil) to Dec. 2022 (£1.42 Mil) but then declined from Dec. 2022 (£1.42 Mil) to Dec. 2023 (£1.10 Mil).


Windward Long-Term Capital Lease Obligation Historical Data

The historical data trend for Windward'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.

Windward Long-Term Capital Lease Obligation Chart

Windward Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.71 0.39 - 1.42 1.10

Windward Semi-Annual Data
Dec18 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 - 1.42 1.42 1.24 1.10

Windward  (LSE:WNWD) 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.

Windward Long-Term Capital Lease Obligation Related Terms

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Windward (LSE:WNWD) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Windward Ltd (LSE:WNWD) » Definitions » Long-Term Capital Lease Obligation
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Address
2 Hashlosha Street, Tel Aviv, ISR, 6706054
Windward Ltd is a predictive intelligence company, fusing artificial intelligence and maritime expertise seeking to digitalize the maritime industry. The company's AI-powered software solution aims to provide real-time information and insights on seafaring vessels at sea, enabling stakeholders within the maritime ecosystem to make intelligence-driven decisions to manage risk and achieve business and operational insights. Geographically company generates the majority of its revenue from Europe and also has a presence in Israel, the United States, APAC, GCC, and South America.

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