Fastly (BSP:F1SL34) Long-Term Capital Lease Obligation : R$236 Mil (As of Mar. 2024)

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What is Fastly Long-Term Capital Lease Obligation?

Fastly's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was R$236 Mil.

Fastly's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (R$255 Mil) to Dec. 2023 (R$245 Mil) and declined from Dec. 2023 (R$245 Mil) to Mar. 2024 (R$236 Mil).

Fastly's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (R$438 Mil) to Dec. 2022 (R$403 Mil) and declined from Dec. 2022 (R$403 Mil) to Dec. 2023 (R$245 Mil).

Fastly Long-Term Capital Lease Obligation Historical Data

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

Fastly Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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20.84

306.61

437.73

403.10

245.41

Fastly 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															349.67	283.82	255.01	245.41	235.53

Fastly (BSP:F1SL34) 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.

Fastly Long-Term Capital Lease Obligation Related Terms

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Fastly (BSP:F1SL34) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Fastly Inc (BSP:F1SL34) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

FSLY:USA FSLY:Mexico 2Y7:Germany 2Y7:Germany

Address

475 Brannan Street, Suite 300, San Francisco, CA, USA, 94107

Website

https://www.fastly.com

Fastly operates a content delivery network, which is necessary for entities to provide faster and more reliable online content. Fastly's strategy differs from traditional CDNs, which focus on locating servers in as many locations as possible to store copies of files that consumers most use. Fastly is in far fewer sites than traditional CDNs, but it houses servers in the most network-dense data centers. Instead of simply storing static content, it allows its customers to program on its platform, enabling edge computing and better service of the more dynamic content that was traditionally not well served by CDNs. Fastly gears its service to the largest, most sophisticated enterprises rather than small companies and generated nearly three fourths of its revenue in the United States in 2022.

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