SWVL (Swvl Holdings) Long-Term Capital Lease Obligation : $0.44 Mil (As of Dec. 2024)

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What is Swvl Holdings Long-Term Capital Lease Obligation?

Swvl Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.44 Mil.

Swvl Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 ($1.02 Mil) to Jun. 2024 ($0.81 Mil) and declined from Jun. 2024 ($0.81 Mil) to Dec. 2024 ($0.44 Mil).

Swvl Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($1.59 Mil) to Dec. 2023 ($1.02 Mil) and declined from Dec. 2023 ($1.02 Mil) to Dec. 2024 ($0.44 Mil).

Swvl Holdings Long-Term Capital Lease Obligation Historical Data

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

Swvl Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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0.63

2.96

1.59

1.02

0.44

Swvl Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							1.59	1.39	1.02	0.81	0.44

Swvl Holdings (NAS:SWVL) 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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Swvl Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Swvl Holdings Corp (NAS:SWVL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE

Website

https://www.swvl.com

Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. It provides mobility solutions for enterprises and government and individual commuters across-multiple markets with clients such as Amazon, Bosch, E&, P&G and Siemens. The Company operates in Egypt, Saudi Arabia and the UAE.