Nuran Wireless (XCNQ:NUR) Long-Term Capital Lease Obligation : C$0.36 Mil (As of Sep. 2023)

View and export this data going back to 2015. Start your Free Trial

What is Nuran Wireless Long-Term Capital Lease Obligation?

Nuran Wireless's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.36 Mil.

Nuran Wireless's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (C$0.41 Mil) to Mar. 2023 (C$0.38 Mil) and declined from Mar. 2023 (C$0.38 Mil) to Sep. 2023 (C$0.36 Mil).

Nuran Wireless's annual Long-Term Capital Lease Obligation stayed the same from Oct. 2019 (C$0.00 Mil) to Oct. 2020 (C$0.00 Mil) but then increased from Oct. 2020 (C$0.00 Mil) to Dec. 2022 (C$0.41 Mil).

Nuran Wireless Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nuran Wireless'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.

Nuran Wireless Long-Term Capital Lease Obligation Chart

Nuran Wireless Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.41

Nuran Wireless Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.48	0.45	0.41	0.38	0.36

Nuran Wireless (XCNQ:NUR) 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.

Nuran Wireless Long-Term Capital Lease Obligation Related Terms

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

Nuran Wireless (XCNQ:NUR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (XCNQ:NUR) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NRRWF:USA 1RNA:Germany

Address

2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3

Website

https://www.nuranwireless.com

Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

Nuran Wireless (XCNQ:NUR) Headlines

No Headlines