AS Harju Elekter (OTSE:HAE1T) Long-Term Capital Lease Obligation : €0.9 Mil (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is AS Harju Elekter Long-Term Capital Lease Obligation?

AS Harju Elekter's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.9 Mil.

AS Harju Elekter's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€1.0 Mil) to Dec. 2023 (€0.9 Mil) but then stayed the same from Dec. 2023 (€0.9 Mil) to Mar. 2024 (€0.9 Mil).

AS Harju Elekter's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€2.3 Mil) to Dec. 2022 (€1.0 Mil) and declined from Dec. 2022 (€1.0 Mil) to Dec. 2023 (€0.9 Mil).

AS Harju Elekter Long-Term Capital Lease Obligation Historical Data

The historical data trend for AS Harju Elekter'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.

AS Harju Elekter Long-Term Capital Lease Obligation Chart

AS Harju Elekter Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.84

1.84

2.26

0.98

0.93

AS Harju Elekter Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															0.98	0.98	0.98	0.93	0.93

AS Harju Elekter (OTSE:HAE1T) 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.

AS Harju Elekter Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of AS Harju Elekter's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

AS Harju Elekter (OTSE:HAE1T) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » AS Harju Elekter (OTSE:HAE1T) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

HD8:Germany

Address

Paldiski maantee 31, Keila, EST, 76606

Website

https://www.harjuelekter.com

AS Harju Elekter is an Estonia-based company engaged in the production of electrical equipment. The company operates in two segments including Production and Real estate. The Production segment includes factories producing power distribution and control equipment in Estonia, Finland, Sweden, and Lithuania. The core production of factories consists of equipment for the distribution of medium and low-voltage electricity, various electrical power switching and conversion devices, and automation and control centers for use by the energy, industrial, and maritime sectors, and infrastructure objects. The Real estate segment includes the development, project management, leasing, and other related services of industrial real estate for leasing partners and the group's companies.

AS Harju Elekter (OTSE:HAE1T) Headlines

No Headlines