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ON24 (ONTF) Long-Term Capital Lease Obligation : $1.0 Mil (As of Mar. 2025)


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What is ON24 Long-Term Capital Lease Obligation?

ON24's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $1.0 Mil.

ON24's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 ($0.4 Mil) to Dec. 2024 ($1.0 Mil) but then declined from Dec. 2024 ($1.0 Mil) to Mar. 2025 ($1.0 Mil).

ON24's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($5.0 Mil) to Dec. 2023 ($2.5 Mil) and declined from Dec. 2023 ($2.5 Mil) to Dec. 2024 ($1.0 Mil).


ON24 Long-Term Capital Lease Obligation Historical Data

The historical data trend for ON24'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.

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ON24 Long-Term Capital Lease Obligation Chart

ON24 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 1.65 5.04 2.48 1.02

ON24 Quarterly Data
Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.78 1.10 0.44 1.02 1.01

ON24  (NYSE:ONTF) 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.

ON24 Long-Term Capital Lease Obligation Related Terms

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ON24 Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ON24 Inc (NYSE:ONTF) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
50 Beale Street, 8th Floor, San Francisco, CA, USA, 94105
ON24 Inc provides a cloud-based intelligent engagement platform that combines experiences with personalization and content, to enable sales and marketing organizations to capture and act on connected insights at scale. The Company's platform offers a portfolio of interactive and hyper-personalized digital experience products that create and capture actionable, real-time data at scale from millions of professionals to provide businesses with buying signals and behavioral insights to efficiently convert prospects into customers. It provides solutions to Financial services, Life Sciences, Life sciences, Insurance, Technology, Associations, and Others.
Executives
Lynrock Lake Lp 10 percent owner 2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Sharat Sharan director, 10 percent owner, officer: President and Chief Executive 3221 LA MESA DRIVE, SAN CARLOS CA 94070
Steven Vattuone officer: Chief Financial Officer 139 TOWNSEND ST, SAN FRANCISCO CA 94107
James Blackie officer: Chief Revenue Officer 930 N WETHERLY DR #304, WEST HOLLYWOOD CA 90069
Jayesh Sahasi officer: EV President, Product and CTO 934 LUNDY LN, LOS ALTOS CA 94024
Anil Arora director C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Teresa Anania director C/O ON24, INC., 50 BEALE STREET, 8TH FLOOR, SAN FRANCISCO CA 94015
Ronald Paul Mitchell director 110 W. KINZIE STREET, 5TH FL, CHICAGO IL 60654
Lynrock Lake Partners Llc 10 percent owner 2 INTERNATIONAL DRIVE, SUITE 130, RYE BROOK NY 10573
Cynthia Paul 10 percent owner C/O DSP GROUP, INC., 5 SHENKAR STREET, HERZELIA L3 4672505
Anthony Zingale director C/O SERVICEMAX, INC., 4450 ROSEWOOD DR., #200, PLEASANTON CA 94588
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Irwin Federman director, 10 percent owner 2735 SAND HILL ROAD, MENLO PARK CA 94025
Barry Zwarenstein director C/O IOMEGA CORP, 4435 EASTGATE MALL 3RD FLOOR, SAN DIEGO CA 92121