Fodelia Oyj (OHEL:FODELIA) Long-Term Capital Lease Obligation : €0.00 Mil (As of Dec. 2023)

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What is Fodelia Oyj Long-Term Capital Lease Obligation?

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

Fodelia Oyj Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fodelia Oyj'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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Fodelia Oyj Long-Term Capital Lease Obligation Chart

Fodelia Oyj Annual Data

Trend

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Dec23

Long-Term Capital Lease Obligation

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Fodelia Oyj Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
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Fodelia Oyj (OHEL:FODELIA) 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.

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Fodelia Oyj (OHEL:FODELIA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Fodelia Oyj (OHEL:FODELIA) » Definitions » Long-Term Capital Lease Obligation

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Address

Tuotetie 1, Pyhanta, FIN, 92930

Website

https://www.fodelia.fi

Fodelia Oyj is a manufacturer of food products in Finland. Its food operations include Real Snacks, a potato chip factory that manufactures potato chips and corn and oat snacks from primarily Finnish raw materials for both the domestic market and exports market; and Feelia a manufacturer of pre-cooked meals.

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