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Airthings ASA (OSL:AIRX) Long-Term Capital Lease Obligation : kr16.8 Mil (As of Mar. 2024)


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What is Airthings ASA Long-Term Capital Lease Obligation?

Airthings ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr16.8 Mil.

Airthings ASA's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (kr21.5 Mil) to Dec. 2023 (kr20.1 Mil) and declined from Dec. 2023 (kr20.1 Mil) to Mar. 2024 (kr16.8 Mil).

Airthings ASA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr34.2 Mil) to Dec. 2022 (kr25.2 Mil) and declined from Dec. 2022 (kr25.2 Mil) to Dec. 2023 (kr20.1 Mil).


Airthings ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Airthings ASA'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.

Airthings ASA Long-Term Capital Lease Obligation Chart

Airthings ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 20.93 28.24 34.16 25.23 20.08

Airthings ASA Quarterly Data
Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.24 23.28 21.55 20.08 16.82

Airthings ASA  (OSL:AIRX) 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.

Airthings ASA Long-Term Capital Lease Obligation Related Terms

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Airthings ASA (OSL:AIRX) Business Description

Industry
Traded in Other Exchanges
Address
Wergelandsveien 7, Oslo, NOR, 0167
Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which uses software solutions to monitor air quality and create and maintain a healthy living environment.

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