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LegalZoom.com (LegalZoom.com) Long-Term Capital Lease Obligation : $7.0 Mil (As of Dec. 2023)


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What is LegalZoom.com Long-Term Capital Lease Obligation?

LegalZoom.com's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.0 Mil.

LegalZoom.com's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($7.8 Mil) to Sep. 2023 ($7.3 Mil) and declined from Sep. 2023 ($7.3 Mil) to Dec. 2023 ($7.0 Mil).

LegalZoom.com's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($9.0 Mil) but then declined from Dec. 2022 ($9.0 Mil) to Dec. 2023 ($7.0 Mil).


LegalZoom.com Long-Term Capital Lease Obligation Historical Data

The historical data trend for LegalZoom.com'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.

LegalZoom.com Long-Term Capital Lease Obligation Chart

LegalZoom.com Annual Data
Trend Dec10 Dec11 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - 8.96 6.97

LegalZoom.com Quarterly Data
Dec11 Mar12 Jun12 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8.96 8.35 7.80 7.35 6.97

LegalZoom.com  (NAS:LZ) 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.

LegalZoom.com Long-Term Capital Lease Obligation Related Terms

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LegalZoom.com (LegalZoom.com) Business Description

Industry
Traded in Other Exchanges
Address
101 North Brand Boulevard, 11th Floor, Glendale, CA, USA, 91203
LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States.
Executives
Richard Preece officer: COO and Chief Product Officer 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Nicole Miller officer: General Counsel 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Lucaszoom Llc director, 10 percent owner LUCASZOOM LLC, 3000 SAND HILL ROAD, BUILDING 1, SUITE 1, MENLO PARK CA 94025
Dipan Patel director, 10 percent owner LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Daniel A Wernikoff director, officer: Chief Executive Officer C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Noel Bertram Watson officer: Chief Financial Officer 400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Shrisha Radhakrishna officer: Chief Technology Officer 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Neil Tolaney director TECHNOLOGY CROSSOVER MANAGEMENT, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Sivan Whiteley director 1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Elizabeth Hamren director 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Brian Ruder director, 10 percent owner LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Francisco Partners Management, Lp 10 percent owner ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO CA 94129
Permira V L.p.2 director, 10 percent owner TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 6DJ
Christine T Wang director ONE LETTERMAN DRIVE, BLDG C, STE 410, SAN FRANCISCO CA 94129
Khai Ha director C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105