WAG Payment Solutions (LSE:WPS) Long-Term Capital Lease Obligation : £15 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is WAG Payment Solutions Long-Term Capital Lease Obligation?

WAG Payment Solutions's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £15 Mil.

WAG Payment Solutions's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (£8 Mil) to Jun. 2023 (£10 Mil) and increased from Jun. 2023 (£10 Mil) to Dec. 2023 (£15 Mil).

WAG Payment Solutions's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (£5 Mil) to Dec. 2022 (£8 Mil) and increased from Dec. 2022 (£8 Mil) to Dec. 2023 (£15 Mil).

WAG Payment Solutions Long-Term Capital Lease Obligation Historical Data

The historical data trend for WAG Payment Solutions'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.

WAG Payment Solutions Long-Term Capital Lease Obligation Chart

WAG Payment Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

7.73

6.48

5.08

8.27

15.01

WAG Payment Solutions Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					5.08	7.04	8.27	10.25	15.01

WAG Payment Solutions (LSE:WPS) 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.

WAG Payment Solutions Long-Term Capital Lease Obligation Related Terms

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

WAG Payment Solutions (LSE:WPS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WAG Payment Solutions PLC (LSE:WPS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

WPSl:UK WPS:Czech Republic

Address

1 Albemarle Street, Third Floor (East), Albemarle House, London, GBR, W1S 4HA

Website

https://www.eurowag.com

WAG Payment Solutions PLC, formerly Eurowag is a pan-European integrated payment & mobility platform focused on the commercial road transport industry. The group's business involves the provision of services to the CRT industry which are focused on two primary segments: Payment solutions, comprising energy payments through pre-pay or post-pay fuel cards and toll payments; and Mobility solutions, comprising tax refund services; telematics; smart routing apps; and other adjacent services.