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NVIDIA (BSP:NVDC34) Long-Term Capital Lease Obligation

: R$5,503 Mil (As of Jan. 2024)
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NVIDIA's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$5,503 Mil.

NVIDIA's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (R$4,997 Mil) to Oct. 2023 (R$5,516 Mil) but then declined from Oct. 2023 (R$5,516 Mil) to Jan. 2024 (R$5,503 Mil).

NVIDIA's annual Long-Term Capital Lease Obligation increased from Jan. 2022 (R$4,098 Mil) to Jan. 2023 (R$4,683 Mil) and increased from Jan. 2023 (R$4,683 Mil) to Jan. 2024 (R$5,503 Mil).


NVIDIA Long-Term Capital Lease Obligation Historical Data

The historical data trend for NVIDIA'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.

NVIDIA Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,328.82 3,402.87 4,097.73 4,683.36 5,503.47

NVIDIA Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Long-Term Capital Lease Obligation 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 Premium Member Only Premium Member Only Premium Member Only 4,683.36 4,715.19 4,997.32 5,515.99 5,503.47

NVIDIA  (BSP:NVDC34) 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.

NVIDIA Long-Term Capital Lease Obligation Related Terms

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NVIDIA (BSP:NVDC34) Business Description

Industry
Address
2788 San Tomas Expressway, Santa Clara, CA, USA, 95051
Nvidia is a leading developer of graphics processing units. Traditionally, GPUs were used to enhance the experience on computing platforms, most notably in gaming applications on PCs. GPU use cases have since emerged as important semiconductors used in artificial intelligence. Nvidia not only offers AI GPUs, but also a software platform, Cuda, used for AI model development and training. Nvidia is also expanding its data center networking solutions, helping to tie GPUs together to handle complex workloads.

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