Topicus com (TSXV:TOI) Long-Term Capital Lease Obligation : C$87 Mil (As of Mar. 2025)

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What is Topicus com Long-Term Capital Lease Obligation?

Topicus com's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$87 Mil.

Topicus com's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (C$70 Mil) to Dec. 2024 (C$79 Mil) and increased from Dec. 2024 (C$79 Mil) to Mar. 2025 (C$87 Mil).

Topicus com's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (C$53 Mil) to Dec. 2023 (C$61 Mil) and increased from Dec. 2023 (C$61 Mil) to Dec. 2024 (C$79 Mil).

Topicus com Long-Term Capital Lease Obligation Historical Data

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

Topicus com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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57.90

56.34

52.72

60.75

79.35

Topicus com 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															62.90	61.19	70.34	79.35	86.75

Topicus com (TSXV:TOI) 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.

Topicus com Long-Term Capital Lease Obligation Related Terms

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Topicus com Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Topicus com Inc (TSXV:TOI) » Definitions » Long-Term Capital Lease Obligation

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TOITF:USA

Address

66 Wellington Street West, Suite 5300, Td Bank Tower, Toronto, ON, CAN, M5K 1E6

Website

https://www.topicus.com

Topicus com Inc is engaged in the development, installation and customization of software and the provision of related professional services and support for customers across several diverse markets in Europe. Its revenue is derived from License, maintenance and professional services, Hardware, and Others. offered by the firm.