GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » Long-Term Capital Lease Obligation

AIQ (LSE:AIQ) Long-Term Capital Lease Obligation : £0.00 Mil (As of Oct. 2023)


View and export this data going back to 2018. Start your Free Trial

What is AIQ Long-Term Capital Lease Obligation?

AIQ's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil.

AIQ's annual Long-Term Capital Lease Obligation declined from Oct. 2021 (£0.08 Mil) to Oct. 2022 (£0.00 Mil) but then stayed the same from Oct. 2022 (£0.00 Mil) to Oct. 2023 (£0.00 Mil).

AIQ Long-Term Capital Lease Obligation Historical Data

The historical data trend for AIQ'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.

AIQ Long-Term Capital Lease Obligation Chart

AIQ Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 0.18 0.08 - -

AIQ Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.08 0.03 - - -

AIQ  (LSE:AIQ) 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.

AIQ Long-Term Capital Lease Obligation Related Terms

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

AIQ (LSE:AIQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
LSE:MBT LSE:ACRM LSE:LOOP LSE:ITIM LSE:ENET LSE:DSG LSE:RDT LSE:CRDL LSE:OBC AQSE:CXS CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
Website
https://www.aiqhub.com
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.