BTM (Bitcoin Depot) Long-Term Capital Lease Obligation : $4.8 Mil (As of Sep. 2024)

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What is Bitcoin Depot Long-Term Capital Lease Obligation?

Bitcoin Depot's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $4.8 Mil.

Bitcoin Depot's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 ($3.0 Mil) to Jun. 2024 ($4.4 Mil) and increased from Jun. 2024 ($4.4 Mil) to Sep. 2024 ($4.8 Mil).

Bitcoin Depot's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($15.4 Mil) to Dec. 2022 ($6.4 Mil) and declined from Dec. 2022 ($6.4 Mil) to Dec. 2023 ($3.2 Mil).

Bitcoin Depot Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bitcoin Depot'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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Bitcoin Depot Long-Term Capital Lease Obligation Chart

Bitcoin Depot Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

3.57

15.40

6.39

3.17

Bitcoin Depot Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									4.38	3.17	2.96	4.41	4.84

Bitcoin Depot (NAS:BTM) 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.

Bitcoin Depot Long-Term Capital Lease Obligation Related Terms

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Bitcoin Depot Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Bitcoin Depot Inc (NAS:BTM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

3343 Peachtree Road NE, Suite 750, Atlanta, GA, USA, 30326

Website

https://www.bitcoindepot.com

Bitcoin Depot Inc owns and operates the largest network of BTMs across North America where customers can buy and sell Bitcoin. Bitcoin Depot helps power the digital economy for users of cash. It has locations across the U.S. and Canada at, among others, the following types of retailers: Convenience Stores and Gas Station Chains, Pharmacies and Grocers and Mall Operators.

Executives

Brandon Taylor Mintz	director, officer: See Remarks	2870 PEACHTREE RD #327, ATLANTA GA 30305
Christopher Scott Buchanan	director, officer: CHIEF OPERATING OFFICER	2870 PEACHTREE RD #327, ATLANTA GA 30305
Mark James Smalley	officer: CHIEF COMPLIANCE OFFICER	2870 PEACHTREE RD #327, ATLANTA GA 30305
David E Shaw	10 percent owner, other: See Footnotes 1, 3, and 4.	120 WEST FORTY-FIFTH STREET, 39TH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.p.	10 percent owner, other: See Footnotes 1, 3, and 4.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
D. E. Shaw & Co, L.l.c.	10 percent owner, other: See Footnotes 1, 3, and 4.	1166 AVENUE OF THE AMERICAS, NINTH FLOOR, NEW YORK NY 10036
Daniel Tramel Stabile	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Jacqueline Marks	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Gardner Daniel C. Jr	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Timothy Vanderham	director	2870 PEACHTREE RD. #327, ATLANTA GA 30305
Bt Assets, Inc.	10 percent owner	2870 PEACHTREE RD #327, ATLANTA GA 30305
Gsr Ii Meteora Sponsor Llc	10 percent owner	C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432
Glen S Leibowitz	officer: CHIEF FINANCIAL OFFICER	366 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10017
Bradley R. Strock	director	C/O ELEVATE CREDIT, INC., 4150 INTERNATIONAL PLAZA, SUITE 300, FORT WORTH TX 76109
Eve Mongiardo	director	C/O GSR II METEORA ACQUISITION CORP., 840 PARK DRIVE EAST, BOCA RATON FL 33432