GURUFOCUS.COM » STOCK LIST » Technology » Software » Fair Isaac Corp (FRA:FRI) » Definitions » Long-Term Capital Lease Obligation

Fair Isaac (FRA:FRI) Long-Term Capital Lease Obligation : €19 Mil (As of Mar. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Fair Isaac Long-Term Capital Lease Obligation?

Fair Isaac's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €19 Mil.

Fair Isaac's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€22 Mil) to Dec. 2023 (€11 Mil) but then increased from Dec. 2023 (€11 Mil) to Mar. 2024 (€19 Mil).

Fair Isaac's annual Long-Term Capital Lease Obligation declined from Sep. 2021 (€46 Mil) to Sep. 2022 (€40 Mil) and declined from Sep. 2022 (€40 Mil) to Sep. 2023 (€22 Mil).

Fair Isaac Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fair Isaac'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.

Fair Isaac Long-Term Capital Lease Obligation Chart

Fair Isaac Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 62.15 45.62 39.58 22.40

Fair Isaac 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 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 26.92 22.72 22.40 10.91 18.91

Fair Isaac  (FRA:FRI) 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.

Fair Isaac Long-Term Capital Lease Obligation Related Terms

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

Fair Isaac (FRA:FRI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Fair Isaac Corp (FRA:FRI) » Definitions » Long-Term Capital Lease Obligation
Comparable Companies
ANSS APP HUBS MSTR PTC TYL ZM BSY SSNC DT CRM XTER:SAP INTU NOW UBER SHOP CDNS WDAY ROP TSX:CSU
Traded in Other Exchanges
FICO:USA FICO1:Mexico
Address
5 West Mendenhall, Suite 105, Bozeman, MT, USA, 59715
Website
https://www.fico.com
Founded in 1956, Fair Isaac Corporation is a leading applied analytics company. Fair Isaac is primarily known for its FICO credit scores, which is a widely used industry benchmark to determine the creditworthiness of an individual consumer. The firm's credit scores business accounts for most of the firm's profits and consists of business-to-business and business-to-consumer offerings. In addition to scores, Fair Isaac also sells software primarily to financial institutions for areas such as analytics, decision-making, customer workflows, and fraud.