CTV (Innovid) Long-Term Capital Lease Obligation : $9.8 Mil (As of Sep. 2024)

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What is Innovid Long-Term Capital Lease Obligation?

Innovid's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $9.8 Mil.

Innovid's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 ($10.6 Mil) to Jun. 2024 ($10.1 Mil) and declined from Jun. 2024 ($10.1 Mil) to Sep. 2024 ($9.8 Mil).

Innovid's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($1.0 Mil) to Dec. 2022 ($1.6 Mil) but then declined from Dec. 2022 ($1.6 Mil) to Dec. 2023 ($0.6 Mil).

Innovid Long-Term Capital Lease Obligation Historical Data

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

Innovid Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.30

1.45

1.00

1.64

0.63

Innovid Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													0.81	0.63	10.63	10.05	9.84

Innovid (NYSE:CTV) 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.

Innovid Long-Term Capital Lease Obligation Related Terms

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Innovid Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Innovid Corp (NYSE:CTV) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 Irving Place, 12th Floor, New York, NY, USA, 10003

Website

https://www.innovid.com

Innovid Corp is a software platform that provides ad serving, measurement and optimization creative services for the creation, delivery, and measurement of TV ads across connected TV, mobile TV and desktop TV environments to advertisers, publishers and media agencies. It is engaged in ad serving, measurement and creative services. It operates in U.S., Canada, EMEA, APAC and LATAM, out of which it derives maximum revenue from U.S.

Executives

David Helmreich	officer: Chief Commercial Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Sequoia Capital Israel Iv Holdings, L.p.	10 percent owner	2800 SAND HILL RD, SUITE 101, MENLO PARK CA 94025
Zvika Netter	director, officer: Chief Executive Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Anthony Callini	officer: Chief Financial Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Gilad Shany	director	89 MEDINAT HAYEHUDIM, HERZLIYA L3 4676672
Rachel Lam	director	C/O TREMOR VIDEO, INC., 53 WEST 23RD STREET, NEW YORK NY 10010
Genevieve Juillard	director	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Genesis Partners Iii Lp	10 percent owner	POB 12866, HERTZLYIA PITUACH L3 46733
Eddy Shalev	10 percent owner	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Eyal Kishon	10 percent owner	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Kenneth Markus	officer: Chief Operating Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tanya Andreev-kaspin	officer: Chief Financial Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Tal Chalozin	officer: Chief Technology Officer	C/O INNOVID, INC., 30 IRVING PLACE, 12TH FLOOR, NEW YORK NY 10003
Brian F. Hughes	director	124 COLONIAL RIDGE DRIVE, HADDONFIELD NJ 08033
Sc Israel Iv Genpar, Ltd.	10 percent owner	50 ELI LANDAU BLVD., ORCHID OCEANUS HOTEL, HERZELIA L3 00000