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Real Luck Group (TSXV:LUCK.H) Long-Term Capital Lease Obligation : C$0.00 Mil (As of Sep. 2023)


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What is Real Luck Group Long-Term Capital Lease Obligation?

Real Luck Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.00 Mil.

Real Luck Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (C$0.01 Mil) to Mar. 2023 (C$0.01 Mil) and declined from Mar. 2023 (C$0.01 Mil) to Sep. 2023 (C$0.00 Mil).

Real Luck Group's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (C$0.05 Mil) to Dec. 2021 (C$0.02 Mil) and declined from Dec. 2021 (C$0.02 Mil) to Dec. 2022 (C$0.01 Mil).


Real Luck Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Real Luck Group'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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Real Luck Group Long-Term Capital Lease Obligation Chart

Real Luck Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
0.11 0.05 0.02 0.01

Real Luck Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 0.01 0.01 0.01 0.01 -

Real Luck Group  (TSXV:LUCK.H) 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.

Real Luck Group Long-Term Capital Lease Obligation Related Terms

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Real Luck Group (TSXV:LUCK.H) Business Description

Traded in Other Exchanges
Address
350 7th Avenue SW, Suite 3400, Calgary, AB, CAN, T2P 3N9
Real Luck Group Ltd is a betting company that offers legal, real-money betting, live streams, and statistics on all esports and sports on desktop and mobile devices. The company has a Business-to-Consumer (B2C) platform, and by leveraging shared technology, data, and resources, the company offers an extensive range of betting options for esports tournaments and an in-house customized user interface and user experience, built on a technology stack that supports multiple odds and streaming sources, allows the company to deliver deep esports betting coverage.

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