Ault Alliance (Ault Alliance) Long-Term Capital Lease Obligation

: $4.4 Mil (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

Ault Alliance's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.4 Mil.

Ault Alliance's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($5.1 Mil) to Sep. 2023 ($8.7 Mil) but then declined from Sep. 2023 ($8.7 Mil) to Dec. 2023 ($4.4 Mil).

Ault Alliance's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($4.2 Mil) to Dec. 2022 ($5.8 Mil) but then declined from Dec. 2022 ($5.8 Mil) to Dec. 2023 ($4.4 Mil).

Ault Alliance Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ault Alliance'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.

Ault Alliance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

3.73

3.86

4.21

5.84

4.40

Ault Alliance 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																5.84	5.26	5.15	8.70	4.40

Ault Alliance (AMEX:AULT) 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.

Ault Alliance Long-Term Capital Lease Obligation Related Terms

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

Ault Alliance (Ault Alliance) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Ault Alliance Inc (AMEX:AULT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV, USA, 89141

Website

https://www.ault.com

Ault Alliance Inc is a diversified holding company. It operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. The company has eight reportable segments: Energy and Infrastructure; Technology and Finance; The Singing Machine Company, Inc; BitNile, Inc; Giga-tronics Incorporated; Imperalis Holding Corp., also referred to as TurnOnGreen; Ault Real Estate Equities, Inc and Ault Disruptive Technologies Corporation.

Executives

Ault Milton C Iii	director	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Howard Ash	director	4233 SHERIDAN AVE, MIAMI BEACH FL 33140
Robert O Smith	10 percent owner	DIGITAL POWER CORPORATION, 41920 CHRISTY STREET, FREMONT CA 94538
Ault & Company, Inc.	director, officer: See Remark	11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
William B. Horne	director	C/O AULT ALLIANCE, INC., 940 SOUTH COAST DRIVE, SUITE 200, COSTA MESA CA 92626
Glen E Tellock	director	1725 SHEPHERD ROAD, CHATTANOOGA TN 37421
Kenneth S Cragun	officer: See Remarks	3775 CHIPPEWA CIRCLE, CORONA CA 92881
Jodi Brichan	director	C/O DPW HOLDINGS, INC., 201 SHIPYARD WAY, SUITE E, NEWPORT BEACH CA 92663
Ding Gu	10 percent owner	208 LAUREL CREEK BLVD., MOORESTOWN NJ 08057
Henry Carl Nisser	officer: Executive VP & General Counsel	100 PARK AVENUE, SUITE 1658A, NEW YORK NY 10017
Kristine L Ault	director, 10 percent owner	P.O. BOX 3587, TUSTIN CA 92781
Jeffrey Allen Bentz	director	107 E BONITA WAY, TEMPE AZ 85281
Philou Ventures, Llc	10 percent owner	P.O. BOX 3587, TUSTIN CA 92781
Mordechai Rosenberg	director	1 BROSH STREET, KFAR SABA L3 4438240
Amos Kohn	director	48430 LAKEVIEW BLVD., C/O DIGITAL POWER CORP, FREMONT CA 94538