GOFPY (Greek Organisation of Football Prognostics) Long-Term Capital Lease Obligation : $23 Mil (As of Jun. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Greek Organisation of Football Prognostics Long-Term Capital Lease Obligation?

Greek Organisation of Football Prognostics's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was $23 Mil.

Greek Organisation of Football Prognostics's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 ($21 Mil) to Mar. 2024 ($23 Mil) but then declined from Mar. 2024 ($23 Mil) to Jun. 2024 ($23 Mil).

Greek Organisation of Football Prognostics's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($49 Mil) to Dec. 2022 ($42 Mil) and declined from Dec. 2022 ($42 Mil) to Dec. 2023 ($21 Mil).

Greek Organisation of Football Prognostics Long-Term Capital Lease Obligation Historical Data

The historical data trend for Greek Organisation of Football Prognostics'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.

Greek Organisation of Football Prognostics Long-Term Capital Lease Obligation Chart

Greek Organisation of Football Prognostics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

64.05

60.96

49.16

41.66

21.29

Greek Organisation of Football Prognostics Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															47.19	47.79	21.29	23.28	22.52

Greek Organisation of Football Prognostics (OTCPK:GOFPY) 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.

Greek Organisation of Football Prognostics Long-Term Capital Lease Obligation Related Terms

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

Greek Organisation of Football Prognostics Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Greek Organisation of Football Prognostics SA (OTCPK:GOFPY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

GRKZF:USA OPAP:Greece 0FI1:UK GF8:Germany

Address

112 Athinon Avenue, Attica, Athens, GRC, 104 42

Website

https://www.opap.gr

Greek Organisation of Football Prognostics SA is a gambling company that operates lotteries and sports betting, including horse races. The company is the exclusive gambling provider in Greece. The firm is organized into segments based on the type of game: Lotteries, Betting, Online betting, other online games, instant and passive, Vlts, Telecom and emoney services and others. The gaming services are provided either online or through physical retailers. The company generates the vast majority of its revenue in Greece.