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Sonder Holdings (MEX:SOND) Long-Term Capital Lease Obligation : MXN24,085 Mil (As of Sep. 2023)


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What is Sonder Holdings Long-Term Capital Lease Obligation?

Sonder Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was MXN24,085 Mil.

Sonder Holdings's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (MXN20,853 Mil) to Jun. 2023 (MXN21,588 Mil) and increased from Jun. 2023 (MXN21,588 Mil) to Sep. 2023 (MXN24,085 Mil).

Sonder Holdings's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2020 (MXN0 Mil) to Dec. 2021 (MXN0 Mil) but then increased from Dec. 2021 (MXN0 Mil) to Dec. 2022 (MXN22,743 Mil).


Sonder Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sonder Holdings'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.

Sonder Holdings Long-Term Capital Lease Obligation Chart

Sonder Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
- - - 22,742.83

Sonder Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21,772.72 22,742.83 20,853.36 21,587.72 24,084.99

Sonder Holdings  (MEX:SOND) 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.

Sonder Holdings Long-Term Capital Lease Obligation Related Terms

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Sonder Holdings (MEX:SOND) Business Description

Traded in Other Exchanges
Address
101 15th Street, San Francisco, CA, USA, 94103
Sonder Holdings Inc is engaged in providing short and long-term accommodations to travelers in various cities across North America, Europe, and the Middle East. The Sonder units in each apartment-style building and each hotel property are selected, designed, and managed directly by the Company. The Company generates revenues by providing short-term or month-to-month accommodations to its guests.