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LightAir AB (NGM:LAIR) Long-Term Capital Lease Obligation : kr0.00 Mil (As of Jun. 2023)


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What is LightAir AB Long-Term Capital Lease Obligation?

LightAir AB's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was kr0.00 Mil.


LightAir AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for LightAir AB'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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LightAir AB Long-Term Capital Lease Obligation Chart

LightAir AB Annual Data
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Long-Term Capital Lease Obligation
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LightAir AB Semi-Annual Data
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LightAir AB  (NGM:LAIR) 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.

LightAir AB Long-Term Capital Lease Obligation Related Terms

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LightAir AB (NGM:LAIR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Svetsarvagen 15, 2 TR, Solna, SWE, 171 41
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.

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