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Fortnox AB (LTS:0G3T) Long-Term Capital Lease Obligation : kr132 Mil (As of Mar. 2025)


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What is Fortnox AB Long-Term Capital Lease Obligation?

Fortnox AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr132 Mil.

Fortnox AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (kr131 Mil) to Dec. 2024 (kr132 Mil) but then stayed the same from Dec. 2024 (kr132 Mil) to Mar. 2025 (kr132 Mil).

Fortnox AB's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (kr129 Mil) to Dec. 2023 (kr113 Mil) but then increased from Dec. 2023 (kr113 Mil) to Dec. 2024 (kr132 Mil).


Fortnox AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fortnox AB'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.

Fortnox AB Long-Term Capital Lease Obligation Chart

Fortnox AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 156.13 147.10 129.00 113.00 132.00

Fortnox AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 108.00 140.00 131.00 132.00 132.00

Fortnox AB  (LTS:0G3T) 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.

Fortnox AB Long-Term Capital Lease Obligation Related Terms

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Fortnox AB Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Fortnox AB (LTS:0G3T) » Definitions » Long-Term Capital Lease Obligation
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Bollgatan 3B, Vaxjo, SWE, SE-352 46
Fortnox AB provides internet-based business applications that offer products, packages, and integrations to cover a business's financial and administrative needs by creating easy flows in accounting, invoicing, financing, and managing employees. Its segments are Businesses, Accounting Firms, Core Products, Financial Services, and Marketplaces. The maximum of its revenue is derived from the Core Products segment.

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