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Ework Group AB (OSTO:EWRK) Long-Term Capital Lease Obligation : kr23 Mil (As of Mar. 2024)


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What is Ework Group AB Long-Term Capital Lease Obligation?

Ework Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr23 Mil.

Ework Group AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr6 Mil) to Dec. 2023 (kr27 Mil) but then declined from Dec. 2023 (kr27 Mil) to Mar. 2024 (kr23 Mil).

Ework Group AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr11 Mil) to Dec. 2022 (kr18 Mil) and increased from Dec. 2022 (kr18 Mil) to Dec. 2023 (kr27 Mil).


Ework Group AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ework Group AB'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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Ework Group AB Long-Term Capital Lease Obligation Chart

Ework Group AB 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 27.73 19.75 11.44 18.04 26.70

Ework Group AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 13.94 9.81 6.36 26.70 23.05

Ework Group AB  (OSTO:EWRK) 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.

Ework Group AB Long-Term Capital Lease Obligation Related Terms

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Ework Group AB (OSTO:EWRK) Business Description

Industry
Traded in Other Exchanges
Address
Master Samuelsgatan 60, Stockholm, SWE, 111 21
Ework Group AB is a market- leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Some of the company's services are to set the price index for its clients and consultants, it also offers flexible solutions that cover various industry- leading companies to small-scale businesses, at a local and global level. Ework Group has its operational footprints in Sweden, Denmark, Norway, and Finland wherein, It generates a majority of its revenue from Sweden.

Ework Group AB (OSTO:EWRK) Headlines

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