ROU Asset (at Commencement)
Formula
Lease Liability + Prepayments + Initial Direct Costs - Lease Incentives
Interactive Calculator
| Component | Value |
|---|---|
| Lease Liability | |
| Prepayments | |
| Initial Direct Costs | |
| Lease Incentives | |
| Right-of-Use Asset | — |
CategoryLeases
ComponentsRight-of-Use Asset; Lease Liability; Prepayments; Initial Direct Costs; Lease Incentives
Example531K + 5K + 3K - 10K = $529K