Innelec Multimedia (XPAR:ALINN) Long-Term Capital Lease Obligation : €0.0 Mil (As of Sep. 2023)

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What is Innelec Multimedia Long-Term Capital Lease Obligation?

Innelec Multimedia's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0.0 Mil.

Innelec Multimedia Long-Term Capital Lease Obligation Historical Data

The historical data trend for Innelec Multimedia'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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Innelec Multimedia Long-Term Capital Lease Obligation Chart

Innelec Multimedia Annual Data

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Long-Term Capital Lease Obligation

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Innelec Multimedia 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															-	-	-	-	-

Innelec Multimedia (XPAR:ALINN) 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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Innelec Multimedia (XPAR:ALINN) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Innelec Multimedia SA (XPAR:ALINN) » Definitions » Long-Term Capital Lease Obligation

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1W2:Germany

Address

45 rue Delizy, Pantin, FRA, 93692

Website

http://www.innelec.com

Innelec Multimedia SA is a France-based multimedia company. Its products include computer software and accessories, video games, games consoles, educational, cultural and professional applications, games cards and figurines and audio CDs.

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