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ACEL (Accel Entertainment) Long-Term Capital Lease Obligation : $0 Mil (As of Sep. 2024)


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What is Accel Entertainment Long-Term Capital Lease Obligation?

Accel Entertainment's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil.


Accel Entertainment Long-Term Capital Lease Obligation Historical Data

The historical data trend for Accel Entertainment'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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Accel Entertainment Long-Term Capital Lease Obligation Chart

Accel Entertainment Annual Data
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Long-Term Capital Lease Obligation
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Accel Entertainment Quarterly Data
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Accel Entertainment  (NYSE:ACEL) 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.

Accel Entertainment Long-Term Capital Lease Obligation Related Terms

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Accel Entertainment Business Description

Traded in Other Exchanges
N/A
Address
140 Tower Drive, Burr Ridge, Chicago, IL, USA, 60527
Accel Entertainment Inc is a distributed gaming operator in the United States. It is engaged in the installation, maintenance, and operation of video gaming terminals. The company offers products to restaurants, bars, taverns, convenience stores, liquor stores, truck stops, and grocery stores. It operates slot machines and amusement equipment. The company generates a majority of its revenue from net gaming. Net gaming revenue represents net cash received from gaming activities, which is the difference between gaming wins and losses. Net gaming revenue includes the amount earned by location partners and is recognized at the time of gaming play.
Executives
Andrew H. Rubenstein director, officer: CEO, President 140 TOWER DRIVE, BURR RIDGE IL 60527
Mark T. Phelan officer: Chief Revenue Officer 140 TOWER DRIVE, BURR RIDGE IL 60527
David W. Ruttenberg director 140 TOWER DRIVE, BURR RIDGE IL 60527
Derek Harmer officer: Secretary 140 TOWER DRIVE, BURR RIDGE IL 60527
Karl Mr. Peterson director, officer: President & CEO 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Gordon Rubenstein director 140 TOWER DRIVE, BURR RIDGE IL 60527
Christen Kozlik officer: Chief Accounting Officer 140 TOWER DR., BURR RIDGE IL 60527
Mathew Scot Ellis officer: Chief Financial Officer C/O ACCEL ENTERTAINMENT, INC., 140 TOWER DR., BURR RIDGE IL 60527
Brian M. Carroll officer: Chief Financial Officer 140 TOWER DRIVE, BURR RIDGE IL 60527
Dee M Robinson director 140 TOWER DRIVE, BURR RIDGE IL 60527
Ryan Hammer officer: President, Gaming Operations 140 TOWER DRIVE, BURR RIDGE IL 60527
Michael Joseph Marino officer: Chief Commerical Officer 140 TOWER DRIVE, BURR RIDGE IL 60527
Clairvest Group Inc 10 percent owner 22 ST. CLAIRE AVE., SUITE 1700 M4T 253, TORONTO ONTARIO
Brian Sampias officer: Controller 140 TOWER DRIVE, BURR RIDGE IL 60527
Eden Godsoe director 140 TOWER DRIVE, BURR RIDGE IL 60527