Alkami Technology (Alkami Technology) Long-Term Capital Lease Obligation : $18.1 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Alkami Technology Long-Term Capital Lease Obligation?

Alkami Technology's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18.1 Mil.

Alkami Technology's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($14.8 Mil) to Sep. 2023 ($18.4 Mil) but then declined from Sep. 2023 ($18.4 Mil) to Dec. 2023 ($18.1 Mil).

Alkami Technology's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($15.8 Mil) and increased from Dec. 2022 ($15.8 Mil) to Dec. 2023 ($18.1 Mil).

Alkami Technology Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alkami Technology'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.

Alkami Technology Long-Term Capital Lease Obligation Chart

Alkami Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

15.82

18.05

Alkami Technology Quarterly Data
	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												15.82	15.61	14.80	18.37	18.05

Alkami Technology (NAS:ALKT) 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.

Alkami Technology Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Alkami Technology's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Alkami Technology (Alkami Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Alkami Technology Inc (NAS:ALKT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ALKT:Mexico

Address

5601 Granite Parkway, Suite 120, Plano, TX, USA, 75024

Website

https://www.alkami.com

Alkami is a cloud-based digital banking solutions provider. Alkami Platform, allows FIs to onboard and engage new users, accelerate revenues and meaningfully improve operational efficiency with the support of a proprietary, true cloud-based, multi-tenant architecture.

Executives

W Bryan Hill	officer: Chief Financial Officer
Douglas A. Linebarger	officer: Chief Legal Officer	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Stephen Bohanon	officer: Chf. Strategist & Sales Offr.	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Maria Ines Alvarez	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Michael D Hansen	director, officer: Chief Executive Officer
Kristy Ramundi	officer: Chief Accounting Officer	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Alex Shootman	director, officer: Chief Executive Officer	1301 S. MOPAC EXPRESSWAY, SUITE 100, AUSTIN TX 78746
Barbara A. Yastine	director	3120 BRECKINRIDGE BLVD., DULUTH GA 30099
Raphael Osnoss	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
Gary Lynn Nelson	director	C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024
H Eugene Lockhart	director	OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Charles Kane	director	289 TURNPIKE RD, WESTBORO MA 01581
Christopher Todd Clark	director	3250 BRIAR PARK, SUITE 400, HOUSTON TX 77042
Merline Saintil	director	10 SOUTH FIRST AVENUE, WALLA WALLA WA 99362
Steven R Mitchell	director	C/O ASPEN AEROGELS, INC., 30 FORBES ROAD, BUILDING B, NORTHBOROUGH MA 01532