Cluey (ASX:CLU) Long-Term Capital Lease Obligation : A$0.00 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Cluey Long-Term Capital Lease Obligation?

Cluey's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil.

Cluey's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.00 Mil) to Jun. 2023 (A$0.08 Mil) but then declined from Jun. 2023 (A$0.08 Mil) to Dec. 2023 (A$0.00 Mil).

Cluey's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$0.00 Mil) to Jun. 2022 (A$0.39 Mil) but then declined from Jun. 2022 (A$0.39 Mil) to Jun. 2023 (A$0.08 Mil).

Cluey Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cluey'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.

Cluey Long-Term Capital Lease Obligation Chart

Cluey Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

0.39

0.08

Cluey Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	0.39	-	0.08	-

Cluey (ASX:CLU) 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.

Cluey Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Cluey's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Cluey (ASX:CLU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Cluey Ltd (ASX:CLU) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

117 Clarence Street, Suite 2, Level 2, Sydney, NSW, AUS, 2000

Website

https://www.clueylearning.com.au

Cluey Ltd is an education technology company. The company provides personalized online tutoring, small group tutoring, practice sessions, revision sessions, recorded lectures, and test preparation plans. The company's segment includes Cluey Learning segment, which primarily operates in an online learning environment, and Code Camp segment, which operates in face-to-face and online environments. It generates maximum revenue from the Cluey Learning segment.

Cluey (ASX:CLU) Headlines

No Headlines