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Corpay (Corpay) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)


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What is Corpay Long-Term Capital Lease Obligation?

Corpay's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.


Corpay Long-Term Capital Lease Obligation Historical Data

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

Corpay Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
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Corpay Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Corpay  (NYSE:CPAY) 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.

Corpay Long-Term Capital Lease Obligation Related Terms

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Corpay (Corpay) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Corpay Inc (NYSE:CPAY) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
3280 Peachtree Road, Suite 2400, Atlanta, GA, USA, 30305
Fleetcor Technologies Inc is a provider of specialised payment products. The company offers fleet cards, food cards, corporate lodging discount cards, and other specialised payment services. Fleetcor's systems enable its customers to manage and control their commercial payments and loyalty-card programmes. Customers include commercial fleet operators, major oil companies, petroleum marketers, and government entities. Further, Fleetcor offers customised analysis solutions to its clients, offering business productivity tracking capabilities. United States is the largest geographic operating segment.
Executives
Gerald C Throop director C/O CERIDIAN HCM HOLDING INC., 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Thomas E Panther officer: Chief Financial Officer 10 GLENLAKE PARKWAY, SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Annabelle G Bexiga director 1075 JORDAN CREEK PARKWAY, SUITE 300, WEST DES MOINES IA 50266
Alan King officer: President UK and Aust/NewZea 5445 TRIANGLE PARKWAY, NORCROSS GA 30092
Eric Dey officer: CFO & Secretary 655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092
Jones Archie L Jr. director 3280 PEACHTREE ROAD, ATLANTA GA 30305
Alissa B Vickery officer: Chief Accounting Officer 3280 PEACHTREE ROAD, SUITE 2400, ATLANTA GA 30305
Alexey Gavrilenya officer: President East/Central Europe 5445 TRIANGLE PARKWAY, NORCROSS GA 30092
David J Krantz officer: Group President, NA Fuel 5445 TRIANGLE PARKWAY, SUITE 400, PEACHTREE CORNERS 2Q 30092
Hala G Moddelmog director
Jeffrey Steven Sloan director 5048 NORTHSIDE DRIVE, ATLANTA GA 30327
John Coughlin officer: Exec VP, Corp Development 655 ENGINEERING DRIVE, SUITE 300, NORCROSS GA 30092
Armando Lins Netto officer: CEO Brazil 5455 TRIANGLE PARKWAY, NORCROSS GA 30092
Richard Macchia director C/O INTERNET SECURITY SYSTEMS INC, 6303 BARFIELD RD, ATLANTA GA 30328