GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » XRF Scientific Ltd (ASX:XRF) » Definitions » Long-Term Capital Lease Obligation

XRF Scientific (ASX:XRF) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is XRF Scientific Long-Term Capital Lease Obligation?

XRF Scientific's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil.

XRF Scientific's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$1.64 Mil) but then declined from Jun. 2023 (A$1.64 Mil) to Dec. 2023 (A$0.00 Mil).

XRF Scientific's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$0.23 Mil) to Jun. 2022 (A$0.38 Mil) and increased from Jun. 2022 (A$0.38 Mil) to Jun. 2023 (A$1.64 Mil).


XRF Scientific Long-Term Capital Lease Obligation Historical Data

The historical data trend for XRF Scientific'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.

XRF Scientific Long-Term Capital Lease Obligation Chart

XRF Scientific Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.57 0.23 0.38 1.64

XRF Scientific 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 - 0.38 - 1.64 -

XRF Scientific  (ASX:XRF) 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.

XRF Scientific Long-Term Capital Lease Obligation Related Terms

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


XRF Scientific (ASX:XRF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
86 Guthrie Street, Osborne Park, Perth, WA, AUS, 6017
XRF Scientific Ltd is engaged in the business of manufacturing and marketing precious metal products, specialized chemicals and instruments for the scientific, analytical and mining industries. It operates through the following segments: Capital Equipment, Precious Metals, and Consumables. The company generates maximum revenue from the Consumables segment, which manufactures chemicals and other supplies for analytical laboratories. Geographically, it derives a majority of revenue from Australia and also has a presence in Canada and Europe. Some of its product includes Electric Fusion Machines; Fusion Flux; Crushing and Pulverising, platinum lab ware and others.

XRF Scientific (ASX:XRF) Headlines

No Headlines