Glunz & Jensen Holding A/S (OCSE:GJ) Long-Term Capital Lease Obligation : kr0.2 Mil (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Glunz & Jensen Holding A/S Long-Term Capital Lease Obligation?

Glunz & Jensen Holding A/S's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.2 Mil.

Glunz & Jensen Holding A/S's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (kr4.3 Mil) to Jun. 2023 (kr4.0 Mil) and declined from Jun. 2023 (kr4.0 Mil) to Dec. 2023 (kr0.2 Mil).

Glunz & Jensen Holding A/S's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (kr6.8 Mil) to Mar. 2022 (kr5.2 Mil) and declined from Mar. 2022 (kr5.2 Mil) to Dec. 2023 (kr0.2 Mil).

Glunz & Jensen Holding A/S Long-Term Capital Lease Obligation Historical Data

The historical data trend for Glunz & Jensen Holding A/S'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.

Glunz & Jensen Holding A/S Long-Term Capital Lease Obligation Chart

Glunz & Jensen Holding A/S Annual Data

Trend

May13

May14

May15

May16

May17

Mar19

Mar20

Mar21

Mar22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

12.77

6.81

5.21

0.25

Glunz & Jensen Holding A/S Semi-Annual Data
	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															5.90	5.21	4.30	4.00	0.25

Glunz & Jensen Holding A/S (OCSE:GJ) 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.

Glunz & Jensen Holding A/S Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Glunz & Jensen Holding A/S's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Glunz & Jensen Holding A/S (OCSE:GJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Glunz & Jensen Holding A/S (OCSE:GJ) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Selandia Park 1, Ringsted, DNK, DK-4100

Website

https://www.glunz-jensen.com

Glunz & Jensen Holding A/S is active in the press industry. The company sells and develops hardware, where production is controlled from the company's facilities around Europe, the USA, and China. In addition to press services, the company provides aftermarket services and related products, including assembly tables and display units. The company is headquartered in Ringsted. Product area Flexo and Product area Offset, are both part of the Prepress market. All products and services are connected to setters and printing equipment. Geographically, the majority is from the EMEA (Europe, Middle East, Africa).

Glunz & Jensen Holding A/S (OCSE:GJ) Headlines

No Headlines