Afyren (XPAR:ALAFY) Long-Term Capital Lease Obligation : €0.22 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Afyren Long-Term Capital Lease Obligation?

Afyren's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.22 Mil.

Afyren's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€0.22 Mil) to Jun. 2023 (€0.20 Mil) but then increased from Jun. 2023 (€0.20 Mil) to Dec. 2023 (€0.22 Mil).

Afyren's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€0.04 Mil) to Dec. 2022 (€0.22 Mil) but then stayed the same from Dec. 2022 (€0.22 Mil) to Dec. 2023 (€0.22 Mil).

Afyren Long-Term Capital Lease Obligation Historical Data

The historical data trend for Afyren'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.

Afyren Long-Term Capital Lease Obligation Chart

Afyren Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.01

0.15

0.04

0.22

Afyren Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				0.04	0.01	0.22	0.20	0.22

Afyren (XPAR:ALAFY) 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.

Afyren Long-Term Capital Lease Obligation Related Terms

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

Afyren (XPAR:ALAFY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Afyren (XPAR:ALAFY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

90N:Germany

Address

9-11 rue Gutenberg, Clermont-Ferrand, FRA, 63000

Website

https://www.afyren.com

Afyren is a sustainable chemistry company that offers innovative solutions for replacing petroleum-based ingredients with non-food biomass products, in line with a circular, low-carbon economy approach. Using natural microorganisms, Afyren's solutions help produce a family of seven entirely bio-sourced organic acids, as well as one high-value-added fertilizer.

Afyren (XPAR:ALAFY) Headlines

No Headlines