DraftKings (LTS:0ABA) Short-Term Capital Lease Obligation : $11 Mil (As of Sep. 2024)

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What is DraftKings Short-Term Capital Lease Obligation?

DraftKings's Short-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $11 Mil.

DraftKings's quarterly Short-Term Capital Lease Obligation increased from Mar. 2024 ($11 Mil) to Jun. 2024 ($11 Mil) but then declined from Jun. 2024 ($11 Mil) to Sep. 2024 ($11 Mil).

DraftKings's annual Short-Term Capital Lease Obligation declined from Dec. 2021 ($13 Mil) to Dec. 2022 ($4 Mil) but then increased from Dec. 2022 ($4 Mil) to Dec. 2023 ($11 Mil).

DraftKings Short-Term Capital Lease Obligation Historical Data

The historical data trend for DraftKings's Short-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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DraftKings Short-Term Capital Lease Obligation Chart

DraftKings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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12.84

12.81

4.25

11.50

DraftKings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															12.13	11.50	11.27	11.48	11.28

DraftKings Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

DraftKings Short-Term Capital Lease Obligation Related Terms

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DraftKings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DraftKings Inc (LTS:0ABA) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

DKNG:USA DKNG:Mexico 8DEA:Germany D2KN34:Brazil

Address

222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116

Website

https://www.draftkings.com

DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online or retail sports betting in about 30 states and iGaming in seven states, with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.

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