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Xperi (XPER) Long-Term Capital Lease Obligation : $30.6 Mil (As of Dec. 2023)


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What is Xperi Long-Term Capital Lease Obligation?

Xperi's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30.6 Mil.

Xperi's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($37.8 Mil) to Sep. 2023 ($34.5 Mil) and declined from Sep. 2023 ($34.5 Mil) to Dec. 2023 ($30.6 Mil).

Xperi's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($49.0 Mil) to Dec. 2022 ($42.7 Mil) and declined from Dec. 2022 ($42.7 Mil) to Dec. 2023 ($30.6 Mil).


Xperi Long-Term Capital Lease Obligation Historical Data

The historical data trend for Xperi'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.

Xperi Long-Term Capital Lease Obligation Chart

Xperi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 49.02 42.67 30.60

Xperi Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 42.67 37.45 37.82 34.50 30.60

Xperi  (NYSE:XPER) 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.

Xperi Long-Term Capital Lease Obligation Related Terms

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Xperi (XPER) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Xperi Inc (NYSE:XPER) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
2190 Gold Street, San Jose, CA, USA, 95002
Xperi Inc invents, develops, and delivers technologies that enable experiences. In the home, in the car, and on the go, it manages content and connections. Its offering comprises a portfolio of software and services. Its business is divided into four categories based on the products delivered and customers served: Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher A Seams director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Darcy Antonellis director 3900 DALLAS PKWY, SUITE 500, PLANO TX 75093
Robert J Andersen officer: Chief Financial Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Rebecca Marquez officer: See Remarks C/O XPERI INC., SAN JOSE CA 95002
Jon Kirchner director, officer: CEO & President C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Matthew Milne officer: Chief Revenue Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Geir Skaaden officer: Chief Products & Services Off. C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Xperi Holding Corp 10 percent owner 3025 ORCHARD PARKWAY, SAN JOSE CA 95134