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GARO AB (OSTO:GARO) Long-Term Capital Lease Obligation : kr43 Mil (As of Mar. 2025)


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What is GARO AB Long-Term Capital Lease Obligation?

GARO AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr43 Mil.

GARO AB's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (kr48 Mil) to Dec. 2024 (kr46 Mil) and declined from Dec. 2024 (kr46 Mil) to Mar. 2025 (kr43 Mil).

GARO AB's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (kr62 Mil) to Dec. 2023 (kr56 Mil) and declined from Dec. 2023 (kr56 Mil) to Dec. 2024 (kr46 Mil).


GARO AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for GARO 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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GARO AB Long-Term Capital Lease Obligation Chart

GARO AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.20 26.30 62.40 56.10 46.00

GARO AB Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 54.40 51.70 48.00 46.00 42.70

GARO AB  (OSTO:GARO) 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.

GARO AB Long-Term Capital Lease Obligation Related Terms

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GARO AB Business Description

Industry
Traded in Other Exchanges
Address
Sodergatan 26, Box 203, Gnosjo, SWE, SE-335 33
GARO AB develops, manufactures, and supplies products and systems for the electrical installations industry under its own brand. The company has operations in Sweden, Norway, Ireland, Finland, UK. and other countries. It is organized into two business segments: GARO Electrification and GARO E-mobility. GARO has a broad product assortment and is a market leader within several product areas. The majority of its revenue comes from the GARO Electrification segment. The operations in the GARO Electrification segment (BA) comprise the Electrical distribution products, Project business, and Temporary Power product areas. The GARO E-mobility segment (BA) includes only the E-mobility product area. In addition to trading operations, it also includes in-house production at two facilities.

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