Frontier Developments (STU:5FD) Long-Term Capital Lease Obligation : €20.0 Mil (As of Nov. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Frontier Developments Long-Term Capital Lease Obligation?

Frontier Developments's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2023 was €20.0 Mil.

Frontier Developments's quarterly Long-Term Capital Lease Obligation declined from Nov. 2022 (€21.3 Mil) to May. 2023 (€20.4 Mil) and declined from May. 2023 (€20.4 Mil) to Nov. 2023 (€20.0 Mil).

Frontier Developments's annual Long-Term Capital Lease Obligation declined from May. 2021 (€24.0 Mil) to May. 2022 (€22.7 Mil) and declined from May. 2022 (€22.7 Mil) to May. 2023 (€20.4 Mil).

Frontier Developments Long-Term Capital Lease Obligation Historical Data

The historical data trend for Frontier Developments'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.

Frontier Developments Long-Term Capital Lease Obligation Chart

Frontier Developments Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

25.04

24.04

22.68

20.41

Frontier Developments Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															23.59	22.68	21.31	20.41	20.02

Frontier Developments (STU:5FD) 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.

Frontier Developments Long-Term Capital Lease Obligation Related Terms

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

Frontier Developments (STU:5FD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Frontier Developments PLC (STU:5FD) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

FDEV:UK

Address

Milton Road, 26 Science Park, Cambridge, GBR, CB4 0FP

Website

https://www.frontier.co.uk

Frontier Developments PLC develops video games for the interactive entertainment sector. It develops games using its Cobra proprietary cross-platform technology along with industry-standard software packages, allowing code and resources developed on PC to be compiled. Its games include RollerCoaster Tycoon 3, LostWinds, Kinectimals, Kinect Disneyland Adventures and Coaster Crazy games. It has only one reportable segment: Self-Published Work. Business operations are based in the UK and its North American subsidiary, Frontier Developments Inc. in the US. The company has one operating segment, being revenue from publishing games and revenue from other streams such as royalties and licensing.

Frontier Developments (STU:5FD) Headlines

No Headlines