Flowscape Technology AB (OSTO:FLOWS) Long-Term Capital Lease Obligation : kr0.00 Mil (As of Dec. 2023)

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What is Flowscape Technology AB Long-Term Capital Lease Obligation?

Flowscape Technology AB's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.00 Mil.

Flowscape Technology AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Flowscape Technology 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.
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Flowscape Technology AB Long-Term Capital Lease Obligation Chart

Flowscape Technology AB Annual Data

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Long-Term Capital Lease Obligation

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Flowscape Technology AB Quarterly Data
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Flowscape Technology AB (OSTO:FLOWS) 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.

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Flowscape Technology AB (OSTO:FLOWS) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Flowscape Technology AB (OSTO:FLOWS) » Definitions » Long-Term Capital Lease Obligation

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Address

Arne Beurlings Torg 9, Kista, Stockholm, SWE, 164 40

Website

http://www.flowscape.se

Flowscape Technology AB is engaged in developing software to connect people and manage communications for responsible authorities and operators of critical environments and industry. Its products portfolio includes room, desk, colleague, and equipment finder, housekeeper and flow manager. The company devices include billboard, smartphone, desktop, outlook plugin and room panel.

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