GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Devolver Digital Inc (LSE:DEVO) » Definitions » Long-Term Capital Lease Obligation

Devolver Digital (LSE:DEVO) Long-Term Capital Lease Obligation : £0.69 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Devolver Digital Long-Term Capital Lease Obligation?

Devolver Digital's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.69 Mil.

Devolver Digital's quarterly Long-Term Capital Lease Obligation stayed the same from Dec. 2022 (£0.00 Mil) to Jun. 2023 (£0.00 Mil) but then increased from Jun. 2023 (£0.00 Mil) to Dec. 2023 (£0.69 Mil).

Devolver Digital's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2021 (£0.00 Mil) to Dec. 2022 (£0.00 Mil) but then increased from Dec. 2022 (£0.00 Mil) to Dec. 2023 (£0.69 Mil).


Devolver Digital Long-Term Capital Lease Obligation Historical Data

The historical data trend for Devolver Digital'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.

Devolver Digital Long-Term Capital Lease Obligation Chart

Devolver Digital Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - - 0.69

Devolver Digital Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.69

Devolver Digital  (LSE:DEVO) 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.

Devolver Digital Long-Term Capital Lease Obligation Related Terms

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


Devolver Digital (LSE:DEVO) Business Description

Traded in Other Exchanges
Address
251 Little Falls Drive, Wilmington, New Castle County, DE, USA, 19808
Devolver Digital Inc is engaged in the business of gaming. Some of its games include Cut the Lamb, Shadow Warrior 3, Terra Nil, Death's Door, Boomerang X, Wizard with Gun, Loop Hero, Olija, and Serious Sam 4.

Devolver Digital (LSE:DEVO) Headlines

No Headlines