GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Eveready East Africa PLC (NAI:EVRD) » Definitions » Long-Term Capital Lease Obligation

Eveready East Africa (NAI:EVRD) Long-Term Capital Lease Obligation : KES0.00 Mil (As of Sep. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Eveready East Africa Long-Term Capital Lease Obligation?

Eveready East Africa's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was KES0.00 Mil.

Eveready East Africa's annual Long-Term Capital Lease Obligation declined from Sep. 2021 (KES0.70 Mil) to Sep. 2022 (KES0.00 Mil) but then stayed the same from Sep. 2022 (KES0.00 Mil) to Sep. 2023 (KES0.00 Mil).


Eveready East Africa Long-Term Capital Lease Obligation Historical Data

The historical data trend for Eveready East Africa'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.

Eveready East Africa Long-Term Capital Lease Obligation Chart

Eveready East Africa Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.74 0.70 - -

Eveready East Africa Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.70 0.04 - - -

Eveready East Africa  (NAI:EVRD) 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.

Eveready East Africa Long-Term Capital Lease Obligation Related Terms

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


Eveready East Africa (NAI:EVRD) Business Description

Traded in Other Exchanges
N/A
Address
Mombasa Road, P.O. Box 30429, Sameer Industrial Park, Nairobi, KEN, 00100
Eveready East Africa PLC is Kenya-based firm. The company is mainly engaged in the production, distribution, and sales of portable power solutions. Its product portfolio is divided into three categories namely, Automotive comprises offree car batteries, battery water, and battery acid; Fabric comprises of Clorox and cleaning products; and Household dry cell batteries. The company offers its products under the brand name, TURBO, EVERCLEAN.

Eveready East Africa (NAI:EVRD) Headlines

No Headlines