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SSIF BRK Financial Group (BSE:BRK) Long-Term Capital Lease Obligation : lei0.55 Mil (As of Jun. 2023)


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What is SSIF BRK Financial Group Long-Term Capital Lease Obligation?

SSIF BRK Financial Group's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was lei0.55 Mil.

SSIF BRK Financial Group's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (lei0.09 Mil) to Mar. 2023 (lei0.36 Mil) and increased from Mar. 2023 (lei0.36 Mil) to Jun. 2023 (lei0.55 Mil).

SSIF BRK Financial Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (lei0.65 Mil) to Dec. 2022 (lei0.09 Mil) but then increased from Dec. 2022 (lei0.09 Mil) to Dec. 2023 (lei0.40 Mil).


SSIF BRK Financial Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for SSIF BRK Financial Group'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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SSIF BRK Financial Group Long-Term Capital Lease Obligation Chart

SSIF BRK Financial Group 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 - - 0.65 0.09 0.40

SSIF BRK Financial Group Quarterly Data
Dec15 Dec16 Mar17 Dec17 Mar18 Dec18 Jun19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Dec22 Mar23 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 0.63 0.09 0.36 0.55 0.40

SSIF BRK Financial Group  (BSE:BRK) 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.

SSIF BRK Financial Group Long-Term Capital Lease Obligation Related Terms

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SSIF BRK Financial Group (BSE:BRK) Business Description

Traded in Other Exchanges
N/A
Address
Calea Motilor No. 119, Cluj-Napoca, ROU, 400045
SSIF BRK Financial Group SA is a Romania based financial investment services company. It offers services for its retail and institutional clients. It operates in two segments, 1) The intermediary segment refers to all the transaction intermediation services offered to individual investors and companies, as well as to the specialized services offered to institutional clients. 2) Own portfolio management segment.

SSIF BRK Financial Group (BSE:BRK) Headlines

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