Super Group (SGHC) (Super Group (SGHC)) Long-Term Capital Lease Obligation : $24 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Super Group (SGHC) Long-Term Capital Lease Obligation?

Super Group (SGHC)'s Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $24 Mil.

Super Group (SGHC)'s quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($23 Mil) to Dec. 2023 ($26 Mil) but then declined from Dec. 2023 ($26 Mil) to Mar. 2024 ($24 Mil).

Super Group (SGHC)'s annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($12 Mil) to Dec. 2022 ($11 Mil) but then increased from Dec. 2022 ($11 Mil) to Dec. 2023 ($26 Mil).

Super Group (SGHC) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Super Group (SGHC)'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.

Super Group (SGHC) Long-Term Capital Lease Obligation Chart

Super Group (SGHC) Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

8.96

8.22

12.31

10.92

26.08

Super Group (SGHC) Quarterly Data
	Dec19	Jun20	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											11.14	9.26	22.83	26.08	24.40

Super Group (SGHC) (NYSE:SGHC) 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.

Super Group (SGHC) Long-Term Capital Lease Obligation Related Terms

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

Super Group (SGHC) (Super Group (SGHC)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Super Group (SGHC) Ltd (NYSE:SGHC) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kingsway House, Havilland Street, St Peter Port, GGY, GY1 2QE

Website

https://www.sghc.com

Super Group (SGHC) Ltd is the holding company for global online sports betting and gaming businesses. The company's reportable segments are Betway and Spin. Majority of revenue is generated from Betway segment. Betway segment is single brand online sportsbook focused business with a global footprint and strategic partnerships with teams and leagues worldwide. Betway additionally recovers sponsorship marketing spend through brand license agreements.