Reddit (MEX:RDDT) Long-Term Capital Lease Obligation : MXN413 Mil (As of Mar. 2025)

View and export this data going back to 2024. Start your Free Trial

What is Reddit Long-Term Capital Lease Obligation?

Reddit's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was MXN413 Mil.

Reddit's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (MXN425 Mil) to Dec. 2024 (MXN429 Mil) but then declined from Dec. 2024 (MXN429 Mil) to Mar. 2025 (MXN413 Mil).

Reddit's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (MXN228 Mil) to Dec. 2023 (MXN374 Mil) and increased from Dec. 2023 (MXN374 Mil) to Dec. 2024 (MXN429 Mil).

Reddit Long-Term Capital Lease Obligation Historical Data

The historical data trend for Reddit'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.

Reddit Long-Term Capital Lease Obligation Chart

Reddit Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

267.77

135.52

227.91

374.11

428.90

Reddit Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													345.78	416.91	424.66	428.90	412.72

Reddit (MEX:RDDT) 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.

Reddit Long-Term Capital Lease Obligation Related Terms

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

Reddit Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Reddit Inc (MEX:RDDT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

RDDT:USA

Address

303 2nd Street, South Tower, 5th Floor, San Francisco, CA, USA, 94107

Website

https://www.redditinc.com

Reddit is a social media platform where users can engage in conversations, explore, and create communities centered around their interests. Founded in 2005 by Steve Huffman and Alexis Ohanian, Reddit has evolved into a vast network of user-generated content organized into specialized forums known as "subreddits." The platform's unique community-driven model relies on volunteer moderators to manage content and maintain subreddit guidelines. Reddit generates revenue through advertising, Premium Memberships, and data licensing agreements.