GECI International (LTS:0EJU) Long-Term Capital Lease Obligation : €0.25 Mil (As of Sep. 2023)

View and export this data going back to 2007. Start your Free Trial

What is GECI International Long-Term Capital Lease Obligation?

GECI International's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.25 Mil.

GECI International's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (€0.36 Mil) to Mar. 2023 (€0.28 Mil) and declined from Mar. 2023 (€0.28 Mil) to Sep. 2023 (€0.25 Mil).

GECI International's annual Long-Term Capital Lease Obligation increased from Mar. 2021 (€0.00 Mil) to Mar. 2022 (€0.86 Mil) but then declined from Mar. 2022 (€0.86 Mil) to Mar. 2023 (€0.28 Mil).

GECI International Long-Term Capital Lease Obligation Historical Data

The historical data trend for GECI International'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.

GECI International Long-Term Capital Lease Obligation Chart

GECI International Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.86

0.28

GECI International Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1.10	0.86	0.36	0.28	0.25

GECI International (LTS:0EJU) 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.

GECI International Long-Term Capital Lease Obligation Related Terms

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

GECI International (LTS:0EJU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GECI International (LTS:0EJU) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ALGEC:France G8C0:Germany

Address

37-39 Rue Boissiere, Paris, FRA, 75116

Website

http://www.geci.net

GECI International specializes in consulting and digital transformation. The company also provides a platform for solutions and services in Cybersecurity.

GECI International (LTS:0EJU) Headlines

No Headlines