OTC Markets Group (OTC Markets Group) Long-Term Capital Lease Obligation : $11.9 Mil (As of Dec. 2023)

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

What is OTC Markets Group Long-Term Capital Lease Obligation?

OTC Markets Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11.9 Mil.

OTC Markets Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($12.6 Mil) to Sep. 2023 ($12.3 Mil) and declined from Sep. 2023 ($12.3 Mil) to Dec. 2023 ($11.9 Mil).

OTC Markets Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($14.5 Mil) to Dec. 2022 ($13.3 Mil) and declined from Dec. 2022 ($13.3 Mil) to Dec. 2023 ($11.9 Mil).

OTC Markets Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for OTC Markets Group'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.

OTC Markets Group Long-Term Capital Lease Obligation Chart

OTC Markets Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

15.53

14.47

14.55

13.31

11.90

OTC Markets Group 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															13.31	12.99	12.64	12.27	11.90

OTC Markets Group (OTCPK:OTCM) 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.

OTC Markets Group Long-Term Capital Lease Obligation Related Terms

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

OTC Markets Group (OTC Markets Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » OTC Markets Group Inc (OTCPK:OTCM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Vesey Street, New York, NY, USA, 10282

Website

https://www.otcmarkets.com

OTC Markets Group Inc operates financial markets for securities in the U.S and globally. The firm mainly operates OTCQX best market, OTCQB venture market and Pink open market. It has OTC link ATS, market data licensing and corporate services business lines. The activities of these business lines encompass quotation and trade messaging services, network-based platform, access to market data, a suite of market data licenses and disclosure and information services. It derives a majority of revenue from the U.S.