Cincinnati Bell (Cincinnati Bell) Long-Term Capital Lease Obligation : $79 Mil (As of Jun. 2021)

View and export this data going back to 1969. Start your Free Trial

What is Cincinnati Bell Long-Term Capital Lease Obligation?

Cincinnati Bell's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2021 was $79 Mil.

Cincinnati Bell's quarterly Long-Term Capital Lease Obligation declined from Dec. 2020 ($86 Mil) to Mar. 2021 ($83 Mil) and declined from Mar. 2021 ($83 Mil) to Jun. 2021 ($79 Mil).

Cincinnati Bell's annual Long-Term Capital Lease Obligation increased from Dec. 2018 ($61 Mil) to Dec. 2019 ($92 Mil) but then declined from Dec. 2019 ($92 Mil) to Dec. 2020 ($86 Mil).

Cincinnati Bell Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cincinnati Bell'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.

Cincinnati Bell Long-Term Capital Lease Obligation Chart

Cincinnati Bell Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

62.00

70.50

60.50

91.60

85.70

Cincinnati Bell Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															85.60	81.20	85.70	82.70	79.40

Cincinnati Bell (NYSE:CBB) 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.

Cincinnati Bell Long-Term Capital Lease Obligation Related Terms

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

Cincinnati Bell (Cincinnati Bell) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Cincinnati Bell Inc (NYSE:CBB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

221 East Fourth Street, Cincinnati, OH, USA, 45202

Website

https://www.cincinnatibell.com

Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.

Executives

Jakki L. Haussler	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz	director	P O BOX 2301, CINCINNATI OH 45201
Craig F Maier	director	P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching	director	822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr	director	822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck	director, Director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth	director	CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer	director	221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox	officer: Chief Executive Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth	officer: Vice President & Treasurer	P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson	officer: VP, General Counsel	P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson	officer: Chief Operating Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser	officer: Chief Financial Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette	officer: Chief Culture Officer	221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck	director	221 EAST FOURTH STREET, CINCINNATI OH 45202