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Panevezio statybos trestas AB (OVSE:PTR1L) Long-Term Capital Lease Obligation : €0.1 Mil (As of Dec. 2023)


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What is Panevezio statybos trestas AB Long-Term Capital Lease Obligation?

Panevezio statybos trestas AB's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.1 Mil.

Panevezio statybos trestas AB's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€0.0 Mil) to Jun. 2023 (€0.0 Mil) but then increased from Jun. 2023 (€0.0 Mil) to Dec. 2023 (€0.1 Mil).

Panevezio statybos trestas AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€0.1 Mil) to Dec. 2022 (€0.0 Mil) but then increased from Dec. 2022 (€0.0 Mil) to Dec. 2023 (€0.1 Mil).


Panevezio statybos trestas AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Panevezio statybos trestas 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.

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Panevezio statybos trestas AB Long-Term Capital Lease Obligation Chart

Panevezio statybos trestas AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.11 0.03 0.06

Panevezio statybos trestas AB Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.11 - 0.03 - 0.06

Panevezio statybos trestas AB  (OVSE:PTR1L) 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.

Panevezio statybos trestas AB Long-Term Capital Lease Obligation Related Terms

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Panevezio statybos trestas AB (OVSE:PTR1L) Business Description

Traded in Other Exchanges
N/A
Address
P. Puzino street 1, Panevezys, LTU, LT-35173
Panevezio statybos trestas AB operates in the construction industry. The business activity of the group includes the construction of buildings, constructions, other facilities, and networks, as well as the sale of building materials, development of the real estate. In addition to this activity, the company is also engaged in the rental of premises and machinery. The company reports in the following segments: Construction, Steel structures, Timber panel houses, Concrete floor installations, Aluminium structure production, Real estate development, and other activity. Geographically, the company operates in Lithuania, Russia, Scandinavian countries, and other countries, out of which Lithuania accounts for the majority of the revenue.

Panevezio statybos trestas AB (OVSE:PTR1L) Headlines

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