Filtronic (STU:FTI) Long-Term Capital Lease Obligation : €2.66 Mil (As of Nov. 2024)

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What is Filtronic Long-Term Capital Lease Obligation?

Filtronic's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2024 was €2.66 Mil.

Filtronic's quarterly Long-Term Capital Lease Obligation increased from Nov. 2023 (€2.40 Mil) to May. 2024 (€2.48 Mil) and increased from May. 2024 (€2.48 Mil) to Nov. 2024 (€2.66 Mil).

Filtronic's annual Long-Term Capital Lease Obligation increased from May. 2022 (€1.51 Mil) to May. 2023 (€1.95 Mil) and increased from May. 2023 (€1.95 Mil) to May. 2024 (€2.48 Mil).

Filtronic Long-Term Capital Lease Obligation Historical Data

The historical data trend for Filtronic'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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Filtronic Long-Term Capital Lease Obligation Chart

Filtronic Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Long-Term Capital Lease Obligation

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2.11

1.71

1.51

1.95

2.48

Filtronic Semi-Annual Data
	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.71	1.95	2.40	2.48	2.66

Filtronic (STU:FTI) 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.

Filtronic Long-Term Capital Lease Obligation Related Terms

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Filtronic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Filtronic PLC (STU:FTI) » Definitions » Long-Term Capital Lease Obligation

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Address

Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD

Website

https://www.filtronic.com

Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.