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Destiny Tech100 (Destiny Tech100) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)


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What is Destiny Tech100 Long-Term Capital Lease Obligation?

Destiny Tech100's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

Destiny Tech100 Long-Term Capital Lease Obligation Historical Data

The historical data trend for Destiny Tech100'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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Destiny Tech100 Long-Term Capital Lease Obligation Chart

Destiny Tech100 Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
- -

Destiny Tech100 Quarterly Data
Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation - - -

Destiny Tech100  (NYSE:DXYZ) 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.

Destiny Tech100 Long-Term Capital Lease Obligation Related Terms

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Destiny Tech100 (Destiny Tech100) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Destiny Tech100 Inc (NYSE:DXYZ) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
N/A
Address
1401 Lavaca Street, No. 144, Austin, TX, USA, 78701
Website
https://www.destiny.xyz/tech100
Destiny Tech100 Inc is a non-diversified, closed-end management investment company. It invest in a portfolio of what believe to be 100 of the top venture-backed private technology companies.

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