888 Holdings (LSE:888) Long-Term Capital Lease Obligation : £64 Mil (As of Dec. 2023)

View and export this data going back to 2005. Start your Free Trial

What is 888 Holdings Long-Term Capital Lease Obligation?

888 Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £64 Mil.

888 Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (£65 Mil) to Jun. 2023 (£71 Mil) but then declined from Jun. 2023 (£71 Mil) to Dec. 2023 (£64 Mil).

888 Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (£18 Mil) to Dec. 2022 (£65 Mil) but then declined from Dec. 2022 (£65 Mil) to Dec. 2023 (£64 Mil).

888 Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for 888 Holdings'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.

888 Holdings Long-Term Capital Lease Obligation Chart

888 Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

21.97

19.59

18.10

65.00

64.20

888 Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															18.10	14.40	65.00	70.50	64.20

888 Holdings (LSE:888) 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.

888 Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of 888 Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

888 Holdings (LSE:888) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » 888 Holdings PLC (LSE:888) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

EIHDF:USA 888l:UK 888.GB:UK C8V:Germany

Address

Europort Road, Suite 601/701, Europort, GIB

Website

https://corporate.888.com

888 Holdings PLC is an online betting and gaming company. The company operates in three business segments; The Retail segment comprises all activity undertaken in LBOs including gaming machines, The UK Online segment comprises all online activity, including sports betting, casino, poker, and other gaming products along with telephone betting services that are incurred within the UK and Ireland, and The International segment comprises all online activity, including sports betting, casino, poker, and other gaming products along with telephone betting services that are incurred within all territories excluding the UK. It derives a majority of its revenue from the United Kingdom.

888 Holdings (LSE:888) Headlines

No Headlines