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Strax AB (OSTO:STRAX) Long-Term Capital Lease Obligation : kr0 Mil (As of Sep. 2023)


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What is Strax AB Long-Term Capital Lease Obligation?

Strax AB's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was kr0 Mil.

Strax AB's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (kr10 Mil) to Dec. 2021 (kr4 Mil) but then increased from Dec. 2021 (kr4 Mil) to Dec. 2022 (kr26 Mil).


Strax AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Strax 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.

* Premium members only.

Strax AB Long-Term Capital Lease Obligation Chart

Strax AB Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9.96 3.92 25.77

Strax AB Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 25.77 - - -

Strax AB  (OSTO:STRAX) 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.

Strax AB Long-Term Capital Lease Obligation Related Terms

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Strax AB (OSTO:STRAX) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Strax AB (OSTO:STRAX) » Definitions » Long-Term Capital Lease Obligation
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Address
Master Samuelsgatan 10, Stockholm, SWE, 111 44
Strax AB is specialized in accessories that empower mobile lifestyles. Its portfolio of branded accessories covers all major mobile accessory categories: Protection, Power, Connectivity, as well as Personal Audio. Its Health & Wellness category offers branded Personal Protection products. Its distribution business reaches a broad customer base, through 70 000 brick and mortar stores around the globe, as well as through online marketplaces and direct-to-consumers. The company's wholly-owned brands include Urbanista, Clckr, Richmond & Finch, Planet Buddies, xqisit, AVO+, Dottir and grell, and licensed brands include adidas, Bugatti, Diesel, Superdry and WeSC. The firm's distribution business also services over 40 other major mobile accessory brands.

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