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Etsy (BSP:E2TS34) Long-Term Capital Lease Obligation : R$488 Mil (As of Dec. 2023)


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What is Etsy Long-Term Capital Lease Obligation?

Etsy's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$488 Mil.

Etsy's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (R$498 Mil) to Sep. 2023 (R$499 Mil) but then declined from Sep. 2023 (R$499 Mil) to Dec. 2023 (R$488 Mil).

Etsy's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (R$624 Mil) to Dec. 2022 (R$554 Mil) and declined from Dec. 2022 (R$554 Mil) to Dec. 2023 (R$488 Mil).


Etsy Long-Term Capital Lease Obligation Historical Data

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

Etsy 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 220.05 231.40 623.64 554.43 488.12

Etsy 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 554.43 542.44 498.08 499.37 488.12

Etsy  (BSP:E2TS34) 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.

Etsy Long-Term Capital Lease Obligation Related Terms

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Etsy (BSP:E2TS34) Business Description

Industry
Address
117 Adams Street, Brooklyn, NY, USA, 11201
Etsy operates a top-10 e-commerce marketplace operator in the U.S. and the U.K., with sizable operations in Germany, France, Australia, and Canada. The firm dominates an interesting niche, connecting buyers and sellers through its online market to exchange vintage and craft goods. With $13.3 billion in 2022 consolidated gross merchandise volume, the firm has cemented itself as one of the largest players in a quickly growing space, generating revenue from listing fees, commissions on sold items, advertising services, payment processing, and shipping labels. As of the end of 2022, the firm connected more than 95 million buyers and 7.5 million sellers on its marketplace properties: Etsy, Reverb (musical equipment), and Depop (clothing resale).

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