GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Scandinavian Astor Group AB (XSAT:ASTOR) » Definitions » Long-Term Capital Lease Obligation

Scandinavian Astor Group AB (XSAT:ASTOR) Long-Term Capital Lease Obligation : kr0.0 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Scandinavian Astor Group AB Long-Term Capital Lease Obligation?

Scandinavian Astor Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0.0 Mil.


Scandinavian Astor Group AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Scandinavian Astor Group AB'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.

Scandinavian Astor Group AB Long-Term Capital Lease Obligation Chart

Scandinavian Astor Group AB Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
- -

Scandinavian Astor Group AB Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only - - - - -

Scandinavian Astor Group AB  (XSAT:ASTOR) 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.

Scandinavian Astor Group AB Long-Term Capital Lease Obligation Related Terms

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


Scandinavian Astor Group AB (XSAT:ASTOR) Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 9, Kista, Stockholm, SWE, 164 40
Scandinavian Astor Group AB is a Swedish industrial and defense group. The company's industrial part manufactures advanced composite solutions on behalf of customers with applications in the marine, aviation, and defense industries. The military part develops, produces, and sells radar jamming systems for training purposes.

Scandinavian Astor Group AB (XSAT:ASTOR) Headlines

No Headlines