CoinShares International (CoinShares International) Long-Term Capital Lease Obligation : $2.85 Mil (As of Mar. 2024)

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What is CoinShares International Long-Term Capital Lease Obligation?

CoinShares International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.85 Mil.

CoinShares International's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($3.22 Mil) to Dec. 2023 ($3.04 Mil) and declined from Dec. 2023 ($3.04 Mil) to Mar. 2024 ($2.85 Mil).

CoinShares International's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($0.13 Mil) to Dec. 2022 ($0.04 Mil) but then increased from Dec. 2022 ($0.04 Mil) to Dec. 2023 ($3.04 Mil).

CoinShares International Long-Term Capital Lease Obligation Historical Data

The historical data trend for CoinShares 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.

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CoinShares International Long-Term Capital Lease Obligation Chart

CoinShares International Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1.58

1.07

0.13

0.04

3.04

CoinShares International Quarterly Data
	Dec18	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															-	1.63	3.22	3.04	2.85

CoinShares International (OTCPK:CNSRF) 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.

CoinShares International Long-Term Capital Lease Obligation Related Terms

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CoinShares International (CoinShares International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » CoinShares International Ltd (OTCPK:CNSRF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CS:Sweden 3TW:Germany

Address

2 Hill Street, 2nd Floor, Saint Helier, JEY, JE2 4UA

Website

https://www.coinshares.com

CoinShares International Ltd is the European digital asset manager that delivers a broad range of financial services across investment management, trading, securities, and consumer products to a wide array of clients that includes corporations, financial institutions, and individuals. The Group comprises four core operating segments; Asset Management, Capital Markets, Principal Investments, and Consumer Solutions. The company derives a majority of its revenue from the Asset management segment.