GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » StrongPoint ASA (LTS:0JEZ) » Definitions » Long-Term Capital Lease Obligation

StrongPoint ASA (LTS:0JEZ) Long-Term Capital Lease Obligation : kr75 Mil (As of Mar. 2024)


View and export this data going back to 2008. Start your Free Trial

What is StrongPoint ASA Long-Term Capital Lease Obligation?

StrongPoint ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr75 Mil.

StrongPoint ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr76 Mil) to Dec. 2023 (kr84 Mil) but then declined from Dec. 2023 (kr84 Mil) to Mar. 2024 (kr75 Mil).

StrongPoint ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr26 Mil) to Dec. 2022 (kr59 Mil) and increased from Dec. 2022 (kr59 Mil) to Dec. 2023 (kr84 Mil).


StrongPoint ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for StrongPoint ASA'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.

StrongPoint ASA Long-Term Capital Lease Obligation Chart

StrongPoint ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.13 39.57 25.97 59.43 83.51

StrongPoint ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 61.62 80.13 76.20 83.51 74.84

StrongPoint ASA  (LTS:0JEZ) 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.

StrongPoint ASA Long-Term Capital Lease Obligation Related Terms

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


StrongPoint ASA (LTS:0JEZ) Business Description

Industry
Traded in Other Exchanges
Address
Slynga 10, Raelingen, NOR, 2005
StrongPoint ASA is a retail technology company that provides solutions to make shops smarter, shopping experiences better and online grocery shopping more efficient. With over 500 employees in Norway, Sweden, the Baltics and Spain and together with a wide partner network, StrongPoint supports businesses in more than 20 countries. It provides in-store cash management and payment solutions, electronic shelf labels, self-checkouts, task and labor management software, click & collect temperature-controlled grocery lockers, in-store and drive-thru grocery pickup solutions and grocery order picking solutions.

StrongPoint ASA (LTS:0JEZ) Headlines

No Headlines