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Raketech Group Holding (OSTO:RAKE) Long-Term Capital Lease Obligation : kr0.0 Mil (As of Dec. 2023)


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What is Raketech Group Holding Long-Term Capital Lease Obligation?

Raketech Group Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0.0 Mil.

Raketech Group Holding's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (kr0.5 Mil) to Sep. 2023 (kr0.2 Mil) and declined from Sep. 2023 (kr0.2 Mil) to Dec. 2023 (kr0.0 Mil).

Raketech Group Holding's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr2.1 Mil) to Dec. 2022 (kr1.1 Mil) and declined from Dec. 2022 (kr1.1 Mil) to Dec. 2023 (kr0.0 Mil).


Raketech Group Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Raketech Group Holding'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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Raketech Group Holding Long-Term Capital Lease Obligation Chart

Raketech Group Holding Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 1.59 - 2.14 1.09 -

Raketech Group Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.09 0.88 0.54 0.17 -

Raketech Group Holding  (OSTO:RAKE) 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.

Raketech Group Holding Long-Term Capital Lease Obligation Related Terms

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Raketech Group Holding (OSTO:RAKE) Business Description

Traded in Other Exchanges
N/A
Address
Fawwara building, Soho office, The Strand, Triq l-Imsida, Gzira, MLT, GZR 1401
Raketech Group Holding PLC operates as an online affiliate and performance marketing company. Its primary business involves offering products that guide users in the iGaming market who are interested in sports and gambling, to gambling services. Its portfolio includes Casinos, Sports, and Crypto. It also offers its services as a software (sub-affiliation) and provides data-driven betting advice to consumers and its primary goal is to generate high-quality leads and targeted advertisement space by providing relevant and engaging content to users interested in sports, casinos, and betting. Its Services include Affiliation-as-a service, Affiliation marketing, and Betting tips & subscription.

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