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FactSet Research Systems (FRA:FA1) Long-Term Capital Lease Obligation : €172 Mil (As of Feb. 2024)


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What is FactSet Research Systems Long-Term Capital Lease Obligation?

FactSet Research Systems's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was €172 Mil.

FactSet Research Systems's quarterly Long-Term Capital Lease Obligation declined from Aug. 2023 (€182 Mil) to Nov. 2023 (€178 Mil) and declined from Nov. 2023 (€178 Mil) to Feb. 2024 (€172 Mil).

FactSet Research Systems's annual Long-Term Capital Lease Obligation declined from Aug. 2021 (€221 Mil) to Aug. 2022 (€206 Mil) and declined from Aug. 2022 (€206 Mil) to Aug. 2023 (€182 Mil).


FactSet Research Systems Long-Term Capital Lease Obligation Historical Data

The historical data trend for FactSet Research Systems'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.

FactSet Research Systems Long-Term Capital Lease Obligation Chart

FactSet Research Systems Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 230.07 220.98 205.91 181.92

FactSet Research Systems Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 Premium Member Only Premium Member Only Premium Member Only 183.69 184.68 181.92 178.01 172.20

FactSet Research Systems  (FRA:FA1) 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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FactSet Research Systems (FRA:FA1) Business Description

Traded in Other Exchanges
Address
45 Glover Avenue, 7th Floor, Norwalk, CT, USA, 06850
FactSet provides financial data and portfolio analytics to the Global investment community. The company aggregates data from third-party data suppliers, news sources, exchanges, brokerages, and contributors into its workstations. In addition, it provides essential portfolio analytics that companies use to monitor portfolios and address reporting requirements. Buy-side clients account for 82% of FactSet's annual subscription value. In 2015, the company acquired Portware, a provider of trade execution software. In 2017, it acquired BISAM, a risk management and performance measurement provider. In 2022, it completed its purchase of CUSIP Global Services.

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