Avantium NV (XAMS:AVTX) Long-Term Capital Lease Obligation : €9.14 Mil (As of Jun. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Avantium NV Long-Term Capital Lease Obligation?

Avantium NV's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €9.14 Mil.

Avantium NV's quarterly Long-Term Capital Lease Obligation increased from Jun. 2022 (€9.22 Mil) to Dec. 2022 (€10.05 Mil) but then declined from Dec. 2022 (€10.05 Mil) to Jun. 2023 (€9.14 Mil).

Avantium NV's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (€8.00 Mil) to Dec. 2021 (€9.10 Mil) and increased from Dec. 2021 (€9.10 Mil) to Dec. 2022 (€10.05 Mil).

Avantium NV Long-Term Capital Lease Obligation Historical Data

The historical data trend for Avantium NV'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.

Avantium NV Long-Term Capital Lease Obligation Chart

Avantium NV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

9.26

8.00

9.10

10.05

Avantium NV Semi-Annual Data
	Dec12	Dec13	Dec14	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													7.31	9.10	9.22	10.05	9.14

Avantium NV (XAMS:AVTX) 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.

Avantium NV Long-Term Capital Lease Obligation Related Terms

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

Avantium NV (XAMS:AVTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Avantium NV (XAMS:AVTX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

AVTXF:USA 27V:Germany

Address

Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV

Website

https://www.avantium.com

Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.