GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Atome PLC (LSE:ATOM) » Definitions » Long-Term Capital Lease Obligation

Atome (LSE:ATOM) Long-Term Capital Lease Obligation : £0.00 Mil (As of Jun. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Atome Long-Term Capital Lease Obligation?

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

Atome's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 (£0.01 Mil) to Dec. 2022 (£0.00 Mil) but then stayed the same from Dec. 2022 (£0.00 Mil) to Jun. 2023 (£0.00 Mil).

Atome's annual Long-Term Capital Lease Obligation increased from . 20 (£0.00 Mil) to Dec. 2021 (£0.02 Mil) but then declined from Dec. 2021 (£0.02 Mil) to Dec. 2022 (£0.00 Mil).


Atome Long-Term Capital Lease Obligation Historical Data

The historical data trend for Atome'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.

Atome Long-Term Capital Lease Obligation Chart

Atome Annual Data
Trend Dec21 Dec22
Long-Term Capital Lease Obligation
0.02 -

Atome Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Long-Term Capital Lease Obligation - 0.02 0.01 - -

Atome  (LSE:ATOM) 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.

Atome Long-Term Capital Lease Obligation Related Terms

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


Atome (LSE:ATOM) Business Description

Traded in Other Exchanges
Address
Selby Road, Carrwood Park, Leeds, GBR, LS15 4LG
ATOME Energy PLC produces, markets, and distributes green hydrogen and ammonia. The company's subsidiaries have commenced operational planning, sourcing and negotiations with green electricity suppliers, equipment providers and offtake partners. The Company currently has projects in two geographical markets such as the Paraguay and Iceland.