Venture Life Group (FRA:17V) Long-Term Capital Lease Obligation : €4.70 Mil (As of Dec. 2023)

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What is Venture Life Group Long-Term Capital Lease Obligation?

Venture Life Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.70 Mil.

Venture Life Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€4.20 Mil) to Jun. 2023 (€3.80 Mil) but then increased from Jun. 2023 (€3.80 Mil) to Dec. 2023 (€4.70 Mil).

Venture Life Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€4.27 Mil) to Dec. 2022 (€4.20 Mil) but then increased from Dec. 2022 (€4.20 Mil) to Dec. 2023 (€4.70 Mil).

Venture Life Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Venture Life Group'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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Venture Life Group Long-Term Capital Lease Obligation Chart

Venture Life Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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2.52

4.51

4.27

4.20

4.70

Venture Life Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															4.27	4.29	4.20	3.80	4.70

Venture Life Group (FRA:17V) 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.

Venture Life Group Long-Term Capital Lease Obligation Related Terms

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Venture Life Group (FRA:17V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Venture Life Group PLC (FRA:17V) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

VLG:UK

Address

Eastern Road, 12 The Courtyard, Bracknell, Berkshire, GBR, RG12 2XB

Website

https://www.venture-life.com

Venture Life Group PLC is an international consumer self-care company. The company focuses on the development and commercialization of healthcare products, including oral care products, food supplements, medical devices, and dermo-cosmetics for the aging population. The company operates in two segments: Venture Life Brands, which includes sales of branded healthcare and cosmetics products, and Customer Brands, which includes sales of products and services under contract development and manufacturing agreements. Its geographical segments include the United Kingdom, Italy, Switzerland, Germany, Netherlands, the Rest of Europe, China, and the Rest of the World.

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