4C Group AB (OSTO:4C) Long-Term Capital Lease Obligation : kr27.2 Mil (As of Mar. 2024)

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What is 4C Group AB Long-Term Capital Lease Obligation?

4C Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr27.2 Mil.

4C Group AB's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (kr33.0 Mil) to Dec. 2023 (kr29.8 Mil) and declined from Dec. 2023 (kr29.8 Mil) to Mar. 2024 (kr27.2 Mil).

4C Group AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr9.4 Mil) to Dec. 2022 (kr30.7 Mil) but then declined from Dec. 2022 (kr30.7 Mil) to Dec. 2023 (kr29.8 Mil).

4C Group AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for 4C Group AB'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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4C Group AB Long-Term Capital Lease Obligation Chart

4C Group AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

14.16

12.40

9.42

30.70

29.80

4C Group AB Quarterly Data
	Dec19	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										28.45	25.70	33.00	29.80	27.18

4C Group AB (OSTO:4C) 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.

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4C Group AB (OSTO:4C) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » 4C Group AB (OSTO:4C) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Vattugatan 17, Stockholm, SWE, 111 52

Website

https://www.4cstrategies.com

4C Group AB is engaged in providing software solutions and services for organizational readiness, training, and crisis management. It provides its solutions mainly to customers in mission-critical environments such as defense forces, public organizations, and companies in the corporate sector that need managing risks and training for sudden and critical events. Geographically the company generates the majority of its revenue from the United States and also operates in Sweden, the United Kingdom, and the Rest of the world.

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