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Adobe (XBUL:ADB) Long-Term Capital Lease Obligation : лв658 Mil (As of Nov. 2024)


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What is Adobe Long-Term Capital Lease Obligation?

Adobe's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2024 was лв658 Mil.

Adobe's quarterly Long-Term Capital Lease Obligation declined from May. 2024 (лв742 Mil) to Aug. 2024 (лв710 Mil) and declined from Aug. 2024 (лв710 Mil) to Nov. 2024 (лв658 Mil).

Adobe's annual Long-Term Capital Lease Obligation declined from Nov. 2022 (лв777 Mil) to Nov. 2023 (лв695 Mil) and declined from Nov. 2023 (лв695 Mil) to Nov. 2024 (лв658 Mil).


Adobe Long-Term Capital Lease Obligation Historical Data

The historical data trend for Adobe'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.

Adobe Long-Term Capital Lease Obligation Chart

Adobe Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 930.01 844.28 777.18 695.18 657.90

Adobe Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 695.18 704.50 741.77 710.09 657.90

Adobe  (XBUL:ADB) 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.

Adobe Long-Term Capital Lease Obligation Related Terms

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Adobe Business Description

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345 Park Avenue, San Jose, CA, USA, 95110-2704
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

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