Freshworks (Freshworks) Long-Term Capital Lease Obligation : $24.6 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Freshworks Long-Term Capital Lease Obligation?

Freshworks's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $24.6 Mil.

Freshworks's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($26.9 Mil) to Dec. 2023 ($26.8 Mil) and declined from Dec. 2023 ($26.8 Mil) to Mar. 2024 ($24.6 Mil).

Freshworks's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($28.2 Mil) but then declined from Dec. 2022 ($28.2 Mil) to Dec. 2023 ($26.8 Mil).

Freshworks Long-Term Capital Lease Obligation Historical Data

The historical data trend for Freshworks'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.

Freshworks Long-Term Capital Lease Obligation Chart

Freshworks Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

28.17

26.80

Freshworks Quarterly Data
	Dec19	Jun20	Sep20	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												26.18	24.25	26.95	26.80	24.60

Freshworks (NAS:FRSH) 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.

Freshworks Long-Term Capital Lease Obligation Related Terms

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

Freshworks (Freshworks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Freshworks Inc (NAS:FRSH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

7DF:Germany 7DF:Germany

Address

2950 S. Delaware Street, Suite 201, San Mateo, CA, USA, 94403

Website

https://www.freshworks.com

Freshworks Inc provides software as a service platform that enables small and medium-sized businesses to support customers through e-mail, phone, website, and social networks. It offers solutions that serve the needs of users in the CX and ITSM categories and has also expanded its offering with Sales and Marketing automation products. These product offerings enable organizations to acquire, engage, and better serve their customers and employees. The group derives revenue from North America, Europe, the Middle East and Africa, Asia Pacific, and Other regions.

Executives

Jennifer H Taylor	director	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Johanna Flower	director	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Roxanne S Austin	director	200 N SEPULVEDA BLVD, PO BOX 956 MS ES/001/A102, EL SEGUNDO CA 90245
Barry L. Padgett	director	CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052
Srinivasagopalan Ramamurthy	officer: Chief Product Officer	C/O LIFELOCK, INC., 60 EAST RIO SALADO PARKWAY, SUITE 400, TEMPE AZ 85281
Zachary Nelson	director	C/O NETWORK ASSOCIATES, INC, 3965 FREEDOM CIRCLE, SANTA CLARA CA 95054
Rathnagirish Mathrubootham	director, officer: Chief Executive Officer	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Tyler Sloat	officer: Chief Financial Officer	C/O FRESHWORKS INC, 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Pradeep Rathinam	officer: Chief Revenue Officer	C/O FRESHWORKS INC., 2950 S. DELAWARE ST., SUITE 201, SAN MATEO CA 94403
Francis J. Pelzer	director	CONCUR TECHNOLOGIES, INC., 18400 NE UNION HILL RD., REDMOND WA 98052
Stacey Epstein	officer: Chief Marketing Officer	C/O FRESHWORKS INC., 2950 S DELAWARE STREET, SUITE 201, SAN MATEO CA 94403
Westbridge Crossover Fund, Llc	10 percent owner	C/O CITCO (MAURITIUS) LIMITED, 4TH FLOOR, TOWER A, 1 CYBERCITY, EBENE O4 00000
Sandeep Singhal	10 percent owner	301, 3RD FLOOR, CAMPUS 6A, RMZ ECOWORLD, SARJAPUR-MARATHAHALLI, OUTER RING ROAD, BANGALORE K7 560103
Sumir Chadha	10 percent owner	520 S. EL CAMINO REAL, SUITE 900, SAN MATEO CA 94402
Westbridge Capital Management, Llc	10 percent owner	APEX HOUSE, BANK STREET, TWENTYEIGHT CYBERCITY, EBENE O4 72201