SNAP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SNAP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Snap's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $554 Mil.
Snap's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($347 Mil) to Dec. 2023 ($546 Mil) and increased from Dec. 2023 ($546 Mil) to Mar. 2024 ($554 Mil).
Snap's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($326 Mil) to Dec. 2022 ($386 Mil) and increased from Dec. 2022 ($386 Mil) to Dec. 2023 ($546 Mil).
The historical data trend for Snap'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.
Snap Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Long-Term Capital Lease Obligation | Get a 7-Day Free Trial | 303.18 | 287.29 | 325.51 | 386.27 | 546.28 |
Snap Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Long-Term Capital Lease Obligation | Get a 7-Day Free Trial | 368.53 | 356.93 | 346.51 | 546.28 | 553.74 |
Snap (NYSE:SNAP) 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;Thank you for viewing the detailed overview of Snap's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.
Rebecca Morrow | officer: CAO and Controller | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Derek Andersen | officer: Chief Financial Officer | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Michael J. O'sullivan | officer: General Counsel | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Eric Young | officer: SVP of Engineering | 3000 31ST STREET, SANTA MONICA CA 90405 |
Robert C. Murphy | director, officer: Chief Technology Officer | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Evan Spiegel | director, officer: Chief Executive Officer | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Jerry James Hunter | officer: Senior VP, Engineering | 3000 31ST STREET, SANTA MONICA CA 90405 |
Patrick Spence | director | C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101 |
Poppy Thorpe | director | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Jeremi Gorman | officer: Chief Business Officer | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Joanna Coles | director | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Fidel Vargas | director | 3000 31ST STREET, C/O SNAP INC, SANTA MONICA CA 90405 |
Jared Grusd | officer: Chief Strategy Officer | C/O SNAP INC., 2772 DONALD DOUGLAS LOOP NORTH, SANTA MONICA CA 90405 |
Elizabeth Jenkins | director | C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405 |
Michael Lynton | director | 2000 AVENUE OF THE STARS 12TH FL, LOS ANGELES CA 90067 |
From GuruFocus
By GuruFocus Research • 11-14-2023
By Marketwired • 07-28-2023
By Business Wire • 09-18-2023
By Marketwired • 07-31-2023
By GuruFocus Research • 11-30-2023
By GuruFocus Research • 10-24-2023
By GuruFocus Research • 12-11-2023
By GuruFocus Research • 09-29-2023
By Marketwired • 07-26-2023
By GuruFocus Research • 09-08-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.