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Ayfie Group AS (OSL:AYFIE) Long-Term Capital Lease Obligation : kr0.00 Mil (As of Dec. 2023)


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What is Ayfie Group AS Long-Term Capital Lease Obligation?

Ayfie Group AS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil.

Ayfie Group AS's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr1.04 Mil) to Dec. 2022 (kr0.00 Mil) but then stayed the same from Dec. 2022 (kr0.00 Mil) to Dec. 2023 (kr0.00 Mil).


Ayfie Group AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ayfie Group AS'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.

Ayfie Group AS Long-Term Capital Lease Obligation Chart

Ayfie Group AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 10.04 2.18 1.04 - -

Ayfie Group AS Semi-Annual Data
Dec17 Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.04 0.55 - - -

Ayfie Group AS  (OSL:AYFIE) 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.

Ayfie Group AS Long-Term Capital Lease Obligation Related Terms

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Ayfie Group AS (OSL:AYFIE) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Ayfie Group AS (OSL:AYFIE) » Definitions » Long-Term Capital Lease Obligation
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Address
Karenslyst Alle 10, Oslo, NOR, 0278
Ayfie Group AS is a search company offering intelligent knowledge discovery products and search solutions. The firm is a software company specializing in text analytics and smart research based on natural language processing and machine learning. Its core products are ayfie Inspector and ayfie Locator which is used in the legal, financial, corporate, and compliance markets. The company generates a majority of its revenue from subscriptions and geographically, it generates from Norway.

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