Pivotree (STU:8AV0) Long-Term Capital Lease Obligation : €0.03 Mil (As of Mar. 2024)

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What is Pivotree Long-Term Capital Lease Obligation?

Pivotree's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.03 Mil.

Pivotree's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€0.28 Mil) to Dec. 2023 (€0.15 Mil) and declined from Dec. 2023 (€0.15 Mil) to Mar. 2024 (€0.03 Mil).

Pivotree's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€0.61 Mil) to Dec. 2022 (€0.54 Mil) and declined from Dec. 2022 (€0.54 Mil) to Dec. 2023 (€0.15 Mil).

Pivotree Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pivotree'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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Pivotree Long-Term Capital Lease Obligation Chart

Pivotree Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

1.66

0.94

0.61

0.54

0.15

Pivotree Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial														0.38	0.26	0.28	0.15	0.03

Pivotree (STU:8AV0) 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.

Pivotree Long-Term Capital Lease Obligation Related Terms

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Pivotree (STU:8AV0) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Pivotree Inc (STU:8AV0) » Definitions » Long-Term Capital Lease Obligation

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PVTRF:USA PVT:Canada

Address

6300 Northam Drive, Mississauga, ON, CAN, L4V 1H7

Website

https://www.pivotree.com

Pivotree Inc Company designs, integrates, deploys, and manages digital platforms in Commerce, Data Management and Supply Chain for major retail and branded manufacturers throughout the world. Pivotree provides the technical skills necessary to enable the effective use of technologies combined with the business context to leverage a solution to solve clients' business challenges. Pivotree's portfolio of products, managed and professional services help provide B2B2C digital businesses with end-to-end service to manage complex digital commerce platforms. It operates in two segments: professional and managed services. Pivotree serves market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000. The majority of its revenue comes from North America.

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