Take-Two Interactive Software (WBO:TTWO) Long-Term Capital Lease Obligation : €369 Mil (As of Dec. 2024)

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What is Take-Two Interactive Software Long-Term Capital Lease Obligation?

Take-Two Interactive Software's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was €369 Mil.

Take-Two Interactive Software's quarterly Long-Term Capital Lease Obligation declined from Jun. 2024 (€376 Mil) to Sep. 2024 (€359 Mil) but then increased from Sep. 2024 (€359 Mil) to Dec. 2024 (€369 Mil).

Take-Two Interactive Software's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (€192 Mil) to Mar. 2023 (€324 Mil) and increased from Mar. 2023 (€324 Mil) to Mar. 2024 (€356 Mil).

Take-Two Interactive Software Long-Term Capital Lease Obligation Historical Data

The historical data trend for Take-Two Interactive Software'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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Take-Two Interactive Software Long-Term Capital Lease Obligation Chart

Take-Two Interactive Software Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

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137.61

134.12

191.86

324.10

356.32

Take-Two Interactive Software Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															349.10	356.32	376.15	358.87	369.30

Take-Two Interactive Software (WBO:TTWO) 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.

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Take-Two Interactive Software Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Take-Two Interactive Software Inc (WBO:TTWO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TTWO:USA TTWO:Mexico 0LCX:UK TKE:Germany T1TW34:Brazil

Address

110 West 44th Street, New York, NY, USA, 10036

Website

https://www.take2games.com

Take-Two is one of the largest global developers and publishers of video games, with labels including Rockstar, 2K, and Zynga. Grand Theft Auto is the firm's biggest franchise, accounting for about 30% of total sales for the past decade. NBA 2K is the industry's dominant basketball video game, with Take-Two releasing a new version annually. Other notable franchises include Red Dead Redemption, Borderlands, and Civilization. Typically, more than three quarters of the firm's sales are from in-game spending, with the remainder coming from initial game sales. Since acquiring Zynga in 2022, mobile makes up about half of total sales.