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Alphabet(Google) (GOOGL) Long-Term Capital Lease Obligation : ARS4,997,323 Mil (As of Dec. 2023)


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What is Alphabet(Google) Long-Term Capital Lease Obligation?

Alphabet(Google)'s Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ARS4,997,323 Mil.

Alphabet(Google)'s quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (ARS3,500,880 Mil) to Sep. 2023 (ARS5,061,677 Mil) but then declined from Sep. 2023 (ARS5,061,677 Mil) to Dec. 2023 (ARS4,997,323 Mil).

Alphabet(Google)'s annual Long-Term Capital Lease Obligation increased from Dec. 2021 (ARS1,349,428 Mil) to Dec. 2022 (ARS2,404,939 Mil) and increased from Dec. 2022 (ARS2,404,939 Mil) to Dec. 2023 (ARS4,997,323 Mil).


Alphabet(Google) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alphabet(Google)'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.

Alphabet(Google) Long-Term Capital Lease Obligation Chart

Alphabet(Google) 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 610,527.55 996,579.44 1,349,428.35 2,404,939.18 4,997,323.00

Alphabet(Google) 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 2,404,939.18 2,891,144.32 3,500,879.97 5,061,676.94 4,997,323.00

Alphabet(Google)  (BUE:GOOGL) 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.

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Alphabet(Google) (GOOGL) Business Description

Address
1600 Amphitheatre Parkway, Mountain View, CA, USA, 94043
Alphabet is a holding company. Internet media giant Google is a wholly owned subsidiary. Google generates 99% of Alphabet revenue, of which more than 85% is from online ads. Google's other revenue is from sales of apps and content on Google Play and YouTube, as well as cloud service fees and other licensing revenue. Sales of hardware such as Chromebooks, the Pixel smartphone, and smart home products, which include Nest and Google Home, also contribute to other revenue. Alphabet's moonshot investments are in its other bets segment, where it bets on technology to enhance health (Verily), provide faster internet access (Google Fiber), enable self-driving cars (Waymo), and more.

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