CMCM (Cheetah Mobile) Long-Term Capital Lease Obligation : $1.8 Mil (As of Dec. 2024)

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What is Cheetah Mobile Long-Term Capital Lease Obligation?

Cheetah Mobile's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.8 Mil.

Cheetah Mobile's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2024 ($0.0 Mil) to Sep. 2024 ($0.0 Mil) but then increased from Sep. 2024 ($0.0 Mil) to Dec. 2024 ($1.8 Mil).

Cheetah Mobile's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($3.9 Mil) to Dec. 2023 ($2.5 Mil) and declined from Dec. 2023 ($2.5 Mil) to Dec. 2024 ($1.8 Mil).

Cheetah Mobile Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cheetah Mobile'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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Cheetah Mobile Long-Term Capital Lease Obligation Chart

Cheetah Mobile Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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1.83

4.82

3.89

2.48

1.78

Cheetah Mobile Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.48	-	-	-	1.78

Cheetah Mobile (NYSE:CMCM) 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.

Cheetah Mobile Long-Term Capital Lease Obligation Related Terms

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Cheetah Mobile Business Description

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GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Cheetah Mobile Inc (NYSE:CMCM) » Definitions » Long-Term Capital Lease Obligation

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0C9:Germany

Address

Building No. 11, Wandong Science and Technology Cultural Innovation Park, No.7 Sanjianfangnanli, Chaoyang District, Beijing, CHN, 100024

Website

https://www.cmcm.com

Cheetah Mobile Inc along with its subsidiaries provides comprehensive products and services on PCs and mobile devices. It generates revenue from utility-related business, including advertising services and premium membership services. It also provides multi-cloud management platform and overseas advertising agency service. The company operates in two segments: Internet business, and AI and others. The firm's majority of the revenue is derived from the internet business segment that provides mobile advertising services to advertising customers, as well as selling advertisements and referring user traffic on its mobile and PC platforms. Geographically, it derives the majority of its revenue from the PRC and the rest from Hong Kong, Japan, and the rest of the world.