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Adyen NV (XAMS:ADYEN) Long-Term Capital Lease Obligation : €172 Mil (As of Dec. 2023)


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What is Adyen NV Long-Term Capital Lease Obligation?

Adyen NV's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €172 Mil.

Adyen NV's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€170 Mil) to Jun. 2023 (€165 Mil) but then increased from Jun. 2023 (€165 Mil) to Dec. 2023 (€172 Mil).

Adyen NV's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€120 Mil) to Dec. 2022 (€170 Mil) and increased from Dec. 2022 (€170 Mil) to Dec. 2023 (€172 Mil).


Adyen NV Long-Term Capital Lease Obligation Historical Data

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

Adyen NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.90 118.05 119.97 169.87 172.40

Adyen NV Semi-Annual Data
Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 119.97 148.78 169.87 164.51 172.40

Adyen NV  (XAMS:ADYEN) 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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Adyen NV (XAMS:ADYEN) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Adyen NV (XAMS:ADYEN) » Definitions » Long-Term Capital Lease Obligation
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Simon Carmiggeltstraat 6-50, PO Box 10095, Amsterdam, NLD, 1011 DJ
Adyen is a payment company that provides merchants with a single platform to accept e-commerce, mobile, and point-of-sale payments in multiple countries using various payment schemes and methodologies. Adyen started out providing only gateway and payment processing services to merchants but soon expanded into merchant acquiring services as well. Adyen obtained a banking licence to improve settlement of merchant accounts.

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