Vitru (VTRU) Long-Term Capital Lease Obligation : $56.4 Mil (As of Dec. 2023)

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What is Vitru Long-Term Capital Lease Obligation?

Vitru's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $56.4 Mil.

Vitru's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($54.8 Mil) to Sep. 2023 ($56.3 Mil) and increased from Sep. 2023 ($56.3 Mil) to Dec. 2023 ($56.4 Mil).

Vitru's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($23.8 Mil) to Dec. 2022 ($51.9 Mil) and increased from Dec. 2022 ($51.9 Mil) to Dec. 2023 ($56.4 Mil).

Vitru Long-Term Capital Lease Obligation Historical Data

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

Vitru Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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20.93

24.49

23.75

51.86

56.37

Vitru Quarterly Data
	Dec18	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															51.86	52.03	54.82	56.27	56.37

Vitru (NAS:VTRU) 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.

Vitru Long-Term Capital Lease Obligation Related Terms

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Vitru (VTRU) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Vitru Ltd (NAS:VTRU) » Definitions » Long-Term Capital Lease Obligation

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Address

5500, Torre Jurere A, 2nd floor, Saco Grande, Rodovia Jose Carlos Daux, Florianopolis, SC, BRA, 88032-005

Website

https://www.vitru.com.br

Vitru Ltd is a digital education provider in Brazil. It provides post-secondary distance learning programs. The company provides a complete pedagogical ecosystem focused on hybrid digital education experience for undergraduates and continuing education. The programs are provided in multiple formats namely, videos, eBook, podcasts and html text, among others. The segments of the company are digital education undergraduate courses, on-campus undergraduate and continuing education courses.