SoftBank Group (SoftBank Group) Long-Term Capital Lease Obligation : $5,623 Mil (As of Dec. 2023)

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What is SoftBank Group Long-Term Capital Lease Obligation?

SoftBank Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,623 Mil.

SoftBank Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($5,803 Mil) to Sep. 2023 ($5,577 Mil) but then increased from Sep. 2023 ($5,577 Mil) to Dec. 2023 ($5,623 Mil).

SoftBank Group's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($9,522 Mil) to Mar. 2022 ($7,304 Mil) and declined from Mar. 2022 ($7,304 Mil) to Mar. 2023 ($6,262 Mil).

SoftBank Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for SoftBank 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.

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SoftBank Group Long-Term Capital Lease Obligation Chart

SoftBank Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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10,591.20

9,521.71

7,304.50

6,261.93

SoftBank 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															6,249.96	6,261.93	5,803.41	5,577.44	5,623.24

SoftBank Group (OTCPK:SFTBY) 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.

SoftBank Group Long-Term Capital Lease Obligation Related Terms

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SoftBank Group (SoftBank Group) Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SoftBank Group Corp (OTCPK:SFTBY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

SFTBF:USA SOFT:Mexico 9984:Japan SFT:Germany SFT:Austria

Address

1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, JPN, 105-7303

Website

https://www.group.softbank

SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer ARM Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early stage investments. It is also general partner of the $100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet companies.