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WPU Waste Plastic Upcycling AS (OSL:WPU) Long-Term Capital Lease Obligation : kr0.00 Mil (As of Jun. 2023)


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What is WPU Waste Plastic Upcycling AS Long-Term Capital Lease Obligation?

WPU Waste Plastic Upcycling AS's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr0.00 Mil.


WPU Waste Plastic Upcycling AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for WPU Waste Plastic Upcycling 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.

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WPU Waste Plastic Upcycling AS Long-Term Capital Lease Obligation Chart

WPU Waste Plastic Upcycling AS Annual Data
Trend Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - -

WPU Waste Plastic Upcycling AS Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation - - - -

WPU Waste Plastic Upcycling AS  (OSL:WPU) 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.

WPU Waste Plastic Upcycling AS Long-Term Capital Lease Obligation Related Terms

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WPU Waste Plastic Upcycling AS (OSL:WPU) Business Description

Traded in Other Exchanges
Address
Hojgardsvej 13A, Lammefjorden, Farevejle, DNK, 4540
WPU Waste Plastic Upcycling AS is engaged in the upcycling of plastics. It converts plastic waste to oil that turns into new products. Its technology is based on pyrolysis, which processes the plastic at high temperatures. With pyrolysis, plastics that are no longer suitable for mechanical recycling could be given new life.

WPU Waste Plastic Upcycling AS (OSL:WPU) Headlines

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