IDT (IDT) Long-Term Capital Lease Obligation : $2 Mil (As of Jan. 2024)

View and export this data going back to 2001. Start your Free Trial

What is IDT Long-Term Capital Lease Obligation?

IDT's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2 Mil.

IDT's quarterly Long-Term Capital Lease Obligation declined from Jul. 2023 ($3 Mil) to Oct. 2023 ($2 Mil) but then increased from Oct. 2023 ($2 Mil) to Jan. 2024 ($2 Mil).

IDT's annual Long-Term Capital Lease Obligation declined from Jul. 2021 ($5 Mil) to Jul. 2022 ($5 Mil) and declined from Jul. 2022 ($5 Mil) to Jul. 2023 ($3 Mil).

IDT Long-Term Capital Lease Obligation Historical Data

The historical data trend for IDT'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.

IDT Long-Term Capital Lease Obligation Chart

IDT Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

7.35

5.47

4.61

2.88

IDT Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															8.49	7.14	2.88	2.35	2.45

IDT (NYSE:IDT) 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.

IDT Long-Term Capital Lease Obligation Related Terms

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

IDT (IDT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IDT Corp (NYSE:IDT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

IDC2:Germany

Address

520 Broad Street, Newark, NJ, USA, 07102

Website

https://www.idt.net

IDT Corp is a multinational holding company. It primarily operates in the telecommunications and payment industries. It has four reportable business segments, Fintech, National Retail Solutions & net2phone and Traditional Communications, The Fintech segment is comprised of National Retail Solutions (NRS), an operator of a nationwide point of sale (POS) network providing payment processing, digital advertising, transaction data, and ancillary services, and BOSS Money, a provider of international money remittance and related value/payment transfer services. The net2phone segment provides unified cloud communications and telephony services to business customers.

Executives

Marcelo Fischer	officer: Chief Acct. Offcr. &Controller	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Eric F. Cosentino	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Joyce J Mason	director, officer: SVP and Secretary	IDT CORP, 520 BROAD STREET, NEWARK NJ 07102
Nadine Shea	officer: EVP of GLOBAL HUMAN RESOURCES	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Howard S Jonas	director, 10 percent owner, officer: Chairman of the Board
Bill Pereira	officer: EVP of Finance	520 BROAD STREET, NEWARK NJ 07102
David Wartell	officer: CHIEF TECHNOLOGY OFFICER	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Mitch Silberman	officer: CAO & Controller	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Liora Stein	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Judah Schorr	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Hsj 2019 Idt Annuity Trust Ii	10 percent owner	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Anthony S Davidson	officer: SVP - Technology	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Bathgate Lawrence E Ii	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Michael Chenkin	director	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102
Menachem Ash	officer: EVP of Strategic&Legal Affairs	C/O IDT CORPORATION, 520 BROAD STREET, NEWARK NJ 07102