GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kjell Group AB (OSTO:KJELL) » Definitions » Long-Term Capital Lease Obligation

Kjell Group AB (OSTO:KJELL) Long-Term Capital Lease Obligation : kr128 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Kjell Group AB Long-Term Capital Lease Obligation?

Kjell Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr128 Mil.

Kjell Group AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr124 Mil) to Dec. 2023 (kr132 Mil) but then declined from Dec. 2023 (kr132 Mil) to Mar. 2024 (kr128 Mil).

Kjell Group AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr159 Mil) to Dec. 2022 (kr153 Mil) and declined from Dec. 2022 (kr153 Mil) to Dec. 2023 (kr132 Mil).


Kjell Group AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kjell Group 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.

* Premium members only.

Kjell Group AB Long-Term Capital Lease Obligation Chart

Kjell Group AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 214.36 156.54 158.75 153.15 132.49

Kjell Group AB Quarterly Data
Dec18 Dec19 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 150.90 142.89 123.87 132.49 127.93

Kjell Group AB  (OSTO:KJELL) 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.

Kjell Group AB Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Kjell Group AB's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Kjell Group AB (OSTO:KJELL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Kjell Group AB (OSTO:KJELL) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
Tarnogatan 6, Malmo, SWE, SE-211 24
Kjell Group AB is engaged in providing consumer electronics accessories. It operates in three segments: Sweden, Norway, and Denmark. The segments encompass sales via service points in Sweden and Norway and online-generated sales in each country. The majority of its revenue is derived from Sweden.

Kjell Group AB (OSTO:KJELL) Headlines

No Headlines