Gaotu Techedu (Gaotu Techedu) Short-Term Capital Lease Obligation : $7.1 Mil (As of Dec. 2023)

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What is Gaotu Techedu Short-Term Capital Lease Obligation?

Gaotu Techedu's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.1 Mil.

Gaotu Techedu's quarterly Short-Term Capital Lease Obligation increased from Jun. 2023 ($4.1 Mil) to Sep. 2023 ($5.1 Mil) and increased from Sep. 2023 ($5.1 Mil) to Dec. 2023 ($7.1 Mil).

Gaotu Techedu's annual Short-Term Capital Lease Obligation declined from Dec. 2021 ($12.6 Mil) to Dec. 2022 ($5.5 Mil) but then increased from Dec. 2022 ($5.5 Mil) to Dec. 2023 ($7.1 Mil).

Gaotu Techedu Short-Term Capital Lease Obligation Historical Data

The historical data trend for Gaotu Techedu's Short-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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Gaotu Techedu Short-Term Capital Lease Obligation Chart

Gaotu Techedu Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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8.55

23.34

12.56

5.50

7.07

Gaotu Techedu Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															5.50	4.59	4.11	5.06	7.07

Gaotu Techedu Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Gaotu Techedu Short-Term Capital Lease Obligation Related Terms

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Gaotu Techedu (Gaotu Techedu) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Gaotu Techedu Inc (NYSE:GOTU) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

18WA:Germany

Address

10 Xibeiwang East Road, 5th Floor, Gientech Building, 17 East Zone, Haidian District, Beijing, CHN, 100193

Website

https://ir.gaotu.cn

Gaotu Techedu Inc is a technology-driven education company with core expertise in online K-12 courses. Its K-12 courses cover all primary and secondary grades. It also offers foreign language, professional, and interest courses. The company's segment includes the provision of education services. It operates solely in the PRC and all assets are located in the PRC.