GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (LSE:WISE) » Definitions » Long-Term Capital Lease Obligation

Wise (LSE:WISE) Long-Term Capital Lease Obligation : £76 Mil (As of Mar. 2025)


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

What is Wise Long-Term Capital Lease Obligation?

Wise's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was £76 Mil.

Wise's quarterly Long-Term Capital Lease Obligation increased from Mar. 2024 (£15 Mil) to Sep. 2024 (£42 Mil) and increased from Sep. 2024 (£42 Mil) to Mar. 2025 (£76 Mil).

Wise's annual Long-Term Capital Lease Obligation increased from Mar. 2023 (£8 Mil) to Mar. 2024 (£15 Mil) and increased from Mar. 2024 (£15 Mil) to Mar. 2025 (£76 Mil).


Wise Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wise'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.

Wise Long-Term Capital Lease Obligation Chart

Wise Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 16.60 11.70 7.80 14.80 75.90

Wise Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.80 11.90 14.80 42.30 75.90

Wise  (LSE:WISE) 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.

Wise Long-Term Capital Lease Obligation Related Terms

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


Wise Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (LSE:WISE) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
Address
56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ
Wise is a currency conversion platform matching where possible offsetting currency transactions across borders to reduce costs. The group focuses primarily on private clients and small and midsize enterprises, but is building out its platform business aimed at providing its services as a backend solution to banks. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

Wise Headlines

From GuruFocus