Voluntis (XPAR:ALVTX) Long-Term Capital Lease Obligation : €1.46 Mil (As of Jun. 2021)

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What is Voluntis Long-Term Capital Lease Obligation?

Voluntis's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2021 was €1.46 Mil.

Voluntis's quarterly Long-Term Capital Lease Obligation declined from Jun. 2020 (€2.32 Mil) to Dec. 2020 (€0.01 Mil) but then increased from Dec. 2020 (€0.01 Mil) to Jun. 2021 (€1.46 Mil).

Voluntis's annual Long-Term Capital Lease Obligation increased from Dec. 2018 (€0.00 Mil) to Dec. 2019 (€2.52 Mil) but then declined from Dec. 2019 (€2.52 Mil) to Dec. 2020 (€0.01 Mil).

Voluntis Long-Term Capital Lease Obligation Historical Data

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

Voluntis Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Long-Term Capital Lease Obligation

2.52

0.01

Voluntis Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial					-	2.52	2.32	0.01	1.46

Voluntis (XPAR:ALVTX) 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.

Voluntis Long-Term Capital Lease Obligation Related Terms

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Voluntis (XPAR:ALVTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Voluntis SA (XPAR:ALVTX) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

58, Avenue de Wagram, Paris, FRA, 75017

Website

http://www.voluntis.com

Voluntis SA is engaged in developing patient-centric digital health solutions. The company offers digital solutions for diabetes, respiratory diseases, cancer, anticoagulation treatments, and haemophilia. The Company operates in a single segment: Development of therapeutic digital solutions based on its Theraxium platform.

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