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Delice Holding (XTUN:DH) Long-Term Capital Lease Obligation : TND0 Mil (As of Dec. 2021)


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What is Delice Holding Long-Term Capital Lease Obligation?

Delice Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2021 was TND0 Mil.


Delice Holding Long-Term Capital Lease Obligation Historical Data

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

Delice Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Long-Term Capital Lease Obligation
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Delice Holding Semi-Annual Data
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Delice Holding  (XTUN:DH) 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.

Delice Holding Long-Term Capital Lease Obligation Related Terms

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Delice Holding (XTUN:DH) Business Description

Traded in Other Exchanges
N/A
Address
Immeuble le Dôme, Rue Lac Léman, les Berges du Lac, Tunis, TUN, 1053
Delice Holding SA through its subsidiaries is engaged in manufacturing, packaging and marketing of milk and milk products except yoghurt and drinks. It also processes milk and its derivatives and sells other food products.