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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Long-Term Capital Lease Obligation : ₺269 Mil (As of Dec. 2023)


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What is Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Long-Term Capital Lease Obligation?

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺269 Mil.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (₺272 Mil) to Sep. 2023 (₺265 Mil) but then increased from Sep. 2023 (₺265 Mil) to Dec. 2023 (₺269 Mil).

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₺89 Mil) to Dec. 2022 (₺304 Mil) but then declined from Dec. 2022 (₺304 Mil) to Dec. 2023 (₺269 Mil).


Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Long-Term Capital Lease Obligation Historical Data

The historical data trend for Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi'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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Long-Term Capital Lease Obligation Chart

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
18.45 57.58 89.14 303.77 269.49

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 303.77 207.83 271.95 264.74 269.49

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi  (IST:EUREN) 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.

Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi Long-Term Capital Lease Obligation Related Terms

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Europen Endustri Insaatnayi Ve Ticaret Anonim Sirketi (IST:EUREN) Business Description

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Address
Organize Sanayi Bolgesi Sehitler Bulvari No: 33, Eskisehir, TUR
Europen Endustri Insaat Sanayi Ve Ticaret Anonim Sirketi manufactures building materials. The company offers sheets, panels, PVC windows, and doors, Refrigerator Glasses, Oven Glasses, and Furniture Glasses.

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