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RoboGroup TEK (XTAE:ROBO) Long-Term Capital Lease Obligation : ₪2.47 Mil (As of Dec. 2024)


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What is RoboGroup TEK Long-Term Capital Lease Obligation?

RoboGroup TEK's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₪2.47 Mil.

RoboGroup TEK's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (₪0.22 Mil) to Jun. 2024 (₪2.33 Mil) and increased from Jun. 2024 (₪2.33 Mil) to Dec. 2024 (₪2.47 Mil).

RoboGroup TEK's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (₪0.84 Mil) to Dec. 2023 (₪0.22 Mil) but then increased from Dec. 2023 (₪0.22 Mil) to Dec. 2024 (₪2.47 Mil).


RoboGroup TEK Long-Term Capital Lease Obligation Historical Data

The historical data trend for RoboGroup TEK'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.

RoboGroup TEK Long-Term Capital Lease Obligation Chart

RoboGroup TEK Annual Data
Trend Dec04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.52 2.04 0.84 0.22 2.47

RoboGroup TEK Semi-Annual Data
Dec01 Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.36 0.22 2.33 2.47

RoboGroup TEK  (XTAE:ROBO) 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.

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RoboGroup TEK Business Description

Industry
Traded in Other Exchanges
Address
13 Hamelacha Street, Afek Industrial Park, Rosh Ha'Ayin, ISR, 48091
RoboGroup TEK Ltd is a global, diversified enterprise with proprietary technologies on the forefront of robotics, motion control, and technology education. The company has taken its engineering and management expertise in the fields of automation, motion control, and algorithmic functions and developed several businesses related to these technologies. Intelitek, the company's educational division develops, manufactures and markets training products and e-learning systems. Intelitek is a world leader in engineering and manufacturing technology training systems.

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