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Wiziboat (XPAR:MLWIZ) Long-Term Capital Lease Obligation : €0.00 Mil (As of Mar. 2023)


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What is Wiziboat Long-Term Capital Lease Obligation?

Wiziboat's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was €0.00 Mil.


Wiziboat Long-Term Capital Lease Obligation Historical Data

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

Wiziboat Annual Data
Trend Dec19 Dec20 Mar21 Mar22
Long-Term Capital Lease Obligation
- - - -

Wiziboat Semi-Annual Data
Dec19 Dec20 Dec21 Mar23
Long-Term Capital Lease Obligation - - - -

Wiziboat  (XPAR:MLWIZ) 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.

Wiziboat Long-Term Capital Lease Obligation Related Terms

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Wiziboat Business Description

Industry
Traded in Other Exchanges
N/A
Address
97 Avenue Jean De Lattre de Tassigny, Cannes, FRA, 06400
Wiziboat SA specializes in short-term rentals of shared self-service boats. The company offers an application that enables users to reserve boats in approximately thirty ports in France, to check in and check out remotely, to start the selected boat and even to track it using GPS all throughout the trip.

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