2U (TWOU) Long-Term Capital Lease Obligation

: $83.3 Mil (As of Dec. 2023)

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2U's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $83.3 Mil.

2U's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($90.4 Mil) to Sep. 2023 ($86.4 Mil) and declined from Sep. 2023 ($86.4 Mil) to Dec. 2023 ($83.3 Mil).

2U's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($98.7 Mil) to Dec. 2022 ($99.7 Mil) but then declined from Dec. 2022 ($99.7 Mil) to Dec. 2023 ($83.3 Mil).

2U Long-Term Capital Lease Obligation Historical Data

The historical data trend for 2U'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.

2U Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

66.97

83.23

98.67

99.71

83.30

2U 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																99.71	95.22	90.40	86.38	83.30

2U (NAS:TWOU) 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.

2U Long-Term Capital Lease Obligation Related Terms

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2U (TWOU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » 2U Inc (NAS:TWOU) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

2U1:Germany

Address

7900 Harkins Road, Lanham, MD, USA, 20706

Website

https://www.2u.com

2U Inc provides educational technology services for nonprofit colleges and universities. It builds, delivers, and monitors educational platforms that enable online delivery of degree programs and alternative credentials such as short technical courses. The company provides cloud-based software-as-a-service platform and various technology-enabled services such as learning technology, live class application monitoring, content development, marketing, among others that help its clients to reach students globally. It is organized in two reportable business segments: Degree Program segment and Alternative Credential segment. The vast majority of revenue comes from the company's Degree Program segment, and most of the company's revenue is earned in the United States.

Executives

Aaron Mccullough	officer: CHIEF PRODUCT OFFICER	C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Edward S. Macias	director	C/O 2U, INC., 8201 CORPORATE DRIVE, SUITE 900, LANDOVER MD 20785
Gregory K Peters	director	C/O NETFLIX, INC., 121 ALBRIGHT WAY, LOS GATOS CA 95032
Christopher J Paucek	director, officer: Chief Executive Officer	7900 HARKINS ROAD, LANHAM MD 20706
Paul A Maeder	director	C/O HIGHLAND CAPITAL PARTNERS, HIGH ST TOWER 125 HIGH ST, BOSTON MA 02110
Alexis Maybank	director	C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
James Kenigsberg	officer: Chief Technology Officer	C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Matthew J. Norden	officer: Co-General Counsel	C/O 2U, INC., 7900 HARKINS ROAD, LANHAM MD 20706
Mark Chernis	director	2315 BROADWAY, NEW YORK NY 10024
Paul S Lalljie	officer: Chief Financial Officer	7900 HARKINS ROAD, LANHAM MD 20706
John M Larson	director	2895 GREENSPOINT PARKWAY, SUITE 600, HOFFMAN ESTATES IL 60195
Robert M Stavis	director	211 HOMMOCKS ROAD, LARCHMONT NY 10538
John B. Ellis	officer: Chief Accounting Officer	THREE GLENLAKE PKWY., ATLANTA GA 30328
Earl Lewis	director	C/O 2U, INC., 8201 CORPORATE DRIVE, LANDOVER MD 20785
Timothy M Haley	director	3000 SAND HILL ROAD, 2-290, MENLO PARK CA 94025