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Rubicon Technologies (MEX:RBT) Long-Term Capital Lease Obligation : MXN0 Mil (As of Mar. 2024)


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What is Rubicon Technologies Long-Term Capital Lease Obligation?

Rubicon Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was MXN0 Mil.

Rubicon Technologies's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (MXN1 Mil) to Dec. 2023 (MXN0 Mil) but then stayed the same from Dec. 2023 (MXN0 Mil) to Mar. 2024 (MXN0 Mil).

Rubicon Technologies's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (MXN77 Mil) to Dec. 2022 (MXN36 Mil) and declined from Dec. 2022 (MXN36 Mil) to Dec. 2023 (MXN0 Mil).


Rubicon Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rubicon Technologies'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.

Rubicon Technologies Long-Term Capital Lease Obligation Chart

Rubicon Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
112.44 90.61 77.34 35.60 -

Rubicon Technologies Quarterly Data
Dec19 Sep20 Dec20 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 23.38 15.48 1.05 - -

Rubicon Technologies  (MEX:RBT) 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.

Rubicon Technologies Long-Term Capital Lease Obligation Related Terms

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Rubicon Technologies (MEX:RBT) Business Description

Industry
Traded in Other Exchanges
Address
100 West Main Street, Suite 610, Lexington, KY, USA, 40507
Rubicon Technologies Inc is a software platform providing full-service waste management, recycling, and smart city technology solutions. It focuses on developing software solutions that bring new transparency to the waste and recycling industry, encouraging customers to make data-driven decisions that lead to more efficient and effective operations as well as more sustainable outcomes.

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