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Willdan Group (FRA:J2A) Long-Term Capital Lease Obligation : €10.2 Mil (As of Mar. 2024)


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What is Willdan Group Long-Term Capital Lease Obligation?

Willdan Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €10.2 Mil.

Willdan Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€10.4 Mil) to Dec. 2023 (€10.0 Mil) but then increased from Dec. 2023 (€10.0 Mil) to Mar. 2024 (€10.2 Mil).

Willdan Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€10.2 Mil) to Dec. 2022 (€9.6 Mil) but then increased from Dec. 2022 (€9.6 Mil) to Dec. 2023 (€10.0 Mil).


Willdan Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Willdan 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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Willdan Group Long-Term Capital Lease Obligation Chart

Willdan Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.74 13.06 10.22 9.63 10.03

Willdan Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.41 11.06 10.38 10.03 10.18

Willdan Group  (FRA:J2A) 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.

Willdan Group Long-Term Capital Lease Obligation Related Terms

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Willdan Group (FRA:J2A) Business Description

Industry
Traded in Other Exchanges
Address
2401 East Katella Avenue, Suite 300, Anaheim, CA, USA, 92806
Willdan Group Inc is a provider of professional technical and consulting services to utilities, private industry, and public agencies at all levels of government. It operates in the business segments of Energy and Engineering and Consulting. It generates the majority of its revenue from the Energy segment, which includes services such as audit and surveys, program design, master planning, benchmarking analyses, design engineering, construction management, performance contracting, installation, advances in software and data analytics, and other services. All of its revenue is derived from the domestic market.

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