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Titomic (FRA:T04) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2023)


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What is Titomic Long-Term Capital Lease Obligation?

Titomic's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil.

Titomic's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (€0.00 Mil) to Jun. 2023 (€0.44 Mil) but then declined from Jun. 2023 (€0.44 Mil) to Dec. 2023 (€0.00 Mil).

Titomic's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (€0.00 Mil) to Jun. 2022 (€0.70 Mil) but then declined from Jun. 2022 (€0.70 Mil) to Jun. 2023 (€0.44 Mil).


Titomic Long-Term Capital Lease Obligation Historical Data

The historical data trend for Titomic'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.

Titomic Long-Term Capital Lease Obligation Chart

Titomic Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 0.09 0.20 - 0.70 0.44

Titomic Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 0.70 - 0.44 -

Titomic  (FRA:T04) 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.

Titomic Long-Term Capital Lease Obligation Related Terms

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Titomic (FRA:T04) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Titomic Ltd (FRA:T04) » Definitions » Long-Term Capital Lease Obligation
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Address
365 Ferntree Gully Road, Ground Floor, Mount Waverley, VIC, AUS, 3149
Titomic Ltd specializes in leveraging advanced materials and a new additive manufacturing technology. The company operates in three geographical segments; located in Australia, the USA, and the Netherlands. The company specializes in manufacturing and technology solutions for high-performance metal additive manufacturing, metal coatings, and repairs using its unique patented Titomic Kinetic Fusion cold spray technology with its principal activities in the global defense, aerospace, mining, energy, and transport industries.

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