Betsson AB (Betsson AB) Long-Term Capital Lease Obligation : $2 Mil (As of Mar. 2024)

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What is Betsson AB Long-Term Capital Lease Obligation?

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

Betsson AB's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($7 Mil) to Dec. 2023 ($2 Mil) and declined from Dec. 2023 ($2 Mil) to Mar. 2024 ($2 Mil).

Betsson AB's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($16 Mil) to Dec. 2022 ($11 Mil) and declined from Dec. 2022 ($11 Mil) to Dec. 2023 ($2 Mil).

Betsson AB Long-Term Capital Lease Obligation Historical Data

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

Betsson AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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3.63

15.89

15.71

10.91

1.53

Betsson AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															9.85	8.02	7.15	1.53	1.52

Betsson AB (OTCPK:BTSBF) 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.

Betsson AB Long-Term Capital Lease Obligation Related Terms

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Betsson AB (Betsson AB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Betsson AB (OTCPK:BTSBF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BETS B:Sweden V72:Germany

Address

Regeringsgatan 28, Stockholm, SWE, 111 53

Website

https://www.betssonab.com

Betsson AB is a holding company that invests in and manages companies operating in the online gaming industry. The products consist of casino and sports betting. The largest category of the casino is slots, i.e. virtual slot machines, followed by the live casino, which provides the player with a virtual, real-life-like casino experience with table games broadcast live from the game provider's studio. Company's approximately 20 brands include either the entire product portfolio, such as Betsson, Betsafe and Nordicbet, or just one product, such as Racebets (betting on horses) and Jalla Casino (casino). The brands' services are offered through the proprietary platform that manages payments, customer information, accounts, transactions and a range of games on offer.

Betsson AB (Betsson AB) Headlines

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