Keypath Education International (ASX:KED) Long-Term Capital Lease Obligation : A$0.0 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Keypath Education International Long-Term Capital Lease Obligation?

Keypath Education International's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.0 Mil.

Keypath Education International's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.0 Mil) to Jun. 2023 (A$0.7 Mil) but then declined from Jun. 2023 (A$0.7 Mil) to Dec. 2023 (A$0.0 Mil).

Keypath Education International's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (A$0.8 Mil) to Jun. 2022 (A$0.6 Mil) but then increased from Jun. 2022 (A$0.6 Mil) to Jun. 2023 (A$0.7 Mil).

Keypath Education International Long-Term Capital Lease Obligation Historical Data

The historical data trend for Keypath Education International'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.

Keypath Education International Long-Term Capital Lease Obligation Chart

Keypath Education International Annual Data

Trend

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

0.79

0.63

0.66

Keypath Education International Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	0.63	-	0.66	-

Keypath Education International (ASX:KED) 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.

Keypath Education International Long-Term Capital Lease Obligation Related Terms

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

Keypath Education International (ASX:KED) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Keypath Education International Inc (ASX:KED) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1933 N. Meacham Road, Suite 310, Schaumburg, IL, USA, 60173

Website

https://www.keypathedu.com

Keypath Education International Inc provides bundled OPM services to its university partners, including the design, development, launch, and management of online programs. The services include program design, market research, student recruitment, student support and placement services. It earns revenue from a share of tuition fees paid to its university partners by students undertaking the online programs delivered by Keypath. The Company has one reportable operating segment, being OPM.