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Century Casinos (WBO:CNTY) Long-Term Capital Lease Obligation : €24.1 Mil (As of Dec. 2023)


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What is Century Casinos Long-Term Capital Lease Obligation?

Century Casinos's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €24.1 Mil.

Century Casinos's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (€21.9 Mil) to Sep. 2023 (€24.1 Mil) but then declined from Sep. 2023 (€24.1 Mil) to Dec. 2023 (€24.1 Mil).

Century Casinos's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€24.1 Mil) to Dec. 2022 (€24.9 Mil) but then declined from Dec. 2022 (€24.9 Mil) to Dec. 2023 (€24.1 Mil).


Century Casinos Long-Term Capital Lease Obligation Historical Data

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

Century Casinos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 38.84 26.60 24.14 24.94 24.08

Century Casinos Quarterly Data
Mar19 Jun19 Sep19 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 24.94 22.42 21.92 24.15 24.08

Century Casinos  (WBO:CNTY) 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.

Century Casinos Long-Term Capital Lease Obligation Related Terms

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Century Casinos (WBO:CNTY) Business Description

Traded in Other Exchanges
Address
455 East Pikes Peak Avenue, Suite 210, Colorado Springs, CO, USA, 80903
Century Casinos Inc is a casino entertainment company that develops and operates gaming establishments as well as related lodging, restaurant, horse racing (including off-track betting), and entertainment facilities in North America. The company has three reportable segments based on the geographical locations in which its casinos operate; United States; Century Casino & Hotel-Central City, and Century Casino & Hotel-Cripple Creek in Colorado, Mountaineer Casino, Racetrack & Resort in West Virginia, and Century Casino Caruthersville, and Century Casino Cape Girardeau in Missouri, Canada; Century Casino & Hotel, Century Casino St. Albert, Century Mile Racetrack in Edmonton and Casino Century Downs Racetrack and Casino in Calgary, and Poland; Casinos Poland.