RMAX (RE/MAX Holdings) Long-Term Capital Lease Obligation : $25.0 Mil (As of Sep. 2024)

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What is RE/MAX Holdings Long-Term Capital Lease Obligation?

RE/MAX Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $25.0 Mil.

RE/MAX Holdings's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 ($29.4 Mil) to Jun. 2024 ($27.2 Mil) and declined from Jun. 2024 ($27.2 Mil) to Sep. 2024 ($25.0 Mil).

RE/MAX Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($45.9 Mil) to Dec. 2022 ($38.0 Mil) and declined from Dec. 2022 ($38.0 Mil) to Dec. 2023 ($31.5 Mil).

RE/MAX Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for RE/MAX 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.

RE/MAX Holdings Long-Term Capital Lease Obligation Chart

RE/MAX Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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55.96

50.28

45.95

37.99

31.48

RE/MAX Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															33.47	31.48	29.36	27.22	25.04

RE/MAX Holdings (NYSE:RMAX) 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.

RE/MAX Holdings Long-Term Capital Lease Obligation Related Terms

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RE/MAX Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » RE/MAX Holdings Inc (NYSE:RMAX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

2RM:Germany

Address

5075 South Syracuse Street, Denver, CO, USA, 80237

Website

https://www.remax.com

RE/MAX Holdings Inc operates as a franchisor of real estate brokerage services. It recruits and retains agents and sells franchises. The company's operating segments include Real Estate, Mortgage, Marketing Funds, and Others. It generates maximum revenue from the Real Estate segment.

Executives

Magnolia Capital Fund, Lp	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Leah R Jenkins	officer: VP, Chief Accounting Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Susan L Winders	officer: Vice President General Counsel	5075 S. SYRACUSE ST., DENVER CO 80237
Kathleen J Cunningham	director	5075 S. SYRACUSE ST., DENVER CO 80237
Norman K. Jenkins	director	9211 GLADYS FARM WAY, GAITHERSBURG MD 20882
Adam W Grosshans	officer: VP, Chief Accounting Officer	5075 S SYRACUSE ST, DENVER CO 80218
Katherine Lee Scherping	director	6312 SOUTH FIDDLERS GREEN CIRCLE, SUITE 200 NORTH, GREENWOOD VILLAGE CO 80111
Ronald E. Harrison	director	5075 S. SYRACUSE ST., DENVER CO 80237
William Grady Ligon	officer: Chief Information Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Adam K Peterson	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Magnolia Group, Llc	10 percent owner	1601 DODGE STREET, SUITE 3300, OMAHA NE 68102
Annita M Menogan	director	5075 S. SYRACUSE ST., DENVER CO 80237
Brett A Ritchie	officer: VP, Chief Accounting Officer	5075 S. SYRACUSE ST., DENVER CO 80237
Daniel J. Predovich	director	5075 S. SYRACUSE ST., DENVER CO 80237
Laura G. Kelly	director	PO BOX 807, 663 HIGHWAY 60, MONETT MO 65708