Nvni Group (Nvni Group) Long-Term Capital Lease Obligation : $0.12 Mil (As of Dec. 2022)

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What is Nvni Group Long-Term Capital Lease Obligation?

Nvni Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was $0.12 Mil.

Nvni Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.26 Mil) but then declined from Dec. 2021 ($0.26 Mil) to Dec. 2022 ($0.12 Mil).

Nvni Group's annual Long-Term Capital Lease Obligation increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($0.26 Mil) but then declined from Dec. 2021 ($0.26 Mil) to Dec. 2022 ($0.12 Mil).

Nvni Group Long-Term Capital Lease Obligation Historical Data

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

Nvni Group Annual Data

Trend

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

0.26

0.12

Nvni Group Semi-Annual Data
	Dec20	Dec21	Dec22
Long-Term Capital Lease Obligation	-	0.26	0.12

Nvni Group (NAS:NVNI) 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.

Nvni Group Long-Term Capital Lease Obligation Related Terms

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Nvni Group (Nvni Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nvni Group Ltd (NAS:NVNI) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

Rua Jesuíno Arruda, No.769, Suite 20B, Itaim Bibi, Sao Paulo, SP, BRA, 04532-082

Website

https://www.nuvini.co

Nvni Group Ltd is a holding company that conducts all of its business through Nuvini SA and Nuvini acquired companies. Nuvini S.A. acquires and operates software companies within SaaS markets in Brazil. Nuvini S.A. is the leading private serial software business acquirer in Brazil and intends to use funding and capital markets access to continue expanding its acquisition strategy in Brazil and Latin America. The Company has determined that it has a single operating and reportable segment which is multi-vertical SaaS solution model.

Nvni Group (Nvni Group) Headlines

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