Groupe Okwind (XPAR:ALOKW) Long-Term Capital Lease Obligation : €1.44 Mil (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Groupe Okwind Long-Term Capital Lease Obligation?

Groupe Okwind's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.44 Mil.

Groupe Okwind's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€0.99 Mil) to Jun. 2023 (€0.77 Mil) but then increased from Jun. 2023 (€0.77 Mil) to Dec. 2023 (€1.44 Mil).

Groupe Okwind's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€0.50 Mil) to Dec. 2022 (€0.99 Mil) and increased from Dec. 2022 (€0.99 Mil) to Dec. 2023 (€1.44 Mil).

Groupe Okwind Long-Term Capital Lease Obligation Historical Data

The historical data trend for Groupe Okwind'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.

Groupe Okwind Long-Term Capital Lease Obligation Chart

Groupe Okwind Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.37

0.50

0.99

1.44

Groupe Okwind Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			0.50	-	0.99	0.77	1.44

Groupe Okwind (XPAR:ALOKW) 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.

Groupe Okwind Long-Term Capital Lease Obligation Related Terms

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

Groupe Okwind (XPAR:ALOKW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Groupe Okwind SA (XPAR:ALOKW) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Parc d’activités Torcé Ouest ZA du Haut Montigné, Torce, FRA

Website

https://www.okwind.fr

Groupe Okwind SA is specialized in developing solutions for short-circuit green energy production and use. The company offers smart, AI-based energy production management by bringing individuals, farms, industrial sites and local governments self-supply solutions that enable them to generate and use their own energy using smart, high-performance photovoltaic trackers. France account for all net sales.

Groupe Okwind (XPAR:ALOKW) Headlines

No Headlines