Pointsbet Holdings (ASX:PBH) Long-Term Capital Lease Obligation : A$0.0 Mil (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Pointsbet Holdings Long-Term Capital Lease Obligation?

Pointsbet Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.0 Mil.

Pointsbet Holdings's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.0 Mil) to Jun. 2023 (A$2.3 Mil) but then declined from Jun. 2023 (A$2.3 Mil) to Dec. 2023 (A$0.0 Mil).

Pointsbet Holdings's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$9.0 Mil) to Jun. 2022 (A$13.2 Mil) but then declined from Jun. 2022 (A$13.2 Mil) to Jun. 2023 (A$2.3 Mil).

Pointsbet Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pointsbet Holdings'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.

Pointsbet Holdings Long-Term Capital Lease Obligation Chart

Pointsbet Holdings Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

8.17

9.04

13.19

2.25

Pointsbet Holdings Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						-	13.19	-	2.25	-

Pointsbet Holdings (ASX:PBH) 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.

Pointsbet Holdings Long-Term Capital Lease Obligation Related Terms

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

Pointsbet Holdings (ASX:PBH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Pointsbet Holdings Ltd (ASX:PBH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PBTHF:USA

Address

165 Cremorne Street, Level 2, Cremorne, VIC, AUS, 3121

Website

https://www.pointsbet.com.au

Pointsbet Holdings Ltd is a licensed corporate bookmaker with operations in Australia and the United States. PointsBet has developed a scalable cloud-based wagering platform through which it offers its clients sports and racing wagering products. PointsBet's product offering includes Fixed Odds Sports, Fixed Odds Racing, PointsBetting and iGaming. The company had been appointed as an Official Sports Betting Partner of the NHL. Its reportable segments consist of Australian Trading, Technology and Canada Trading. The company derives revenue from the Australia segment which includes revenue from sports and race betting services provided to Australian customers.