GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Funko Inc (FRA:FU2) » Definitions » Long-Term Capital Lease Obligation

Funko (FRA:FU2) Long-Term Capital Lease Obligation : €62.0 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Funko Long-Term Capital Lease Obligation?

Funko's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €62.0 Mil.

Funko's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€69.3 Mil) to Dec. 2023 (€65.4 Mil) and declined from Dec. 2023 (€65.4 Mil) to Mar. 2024 (€62.0 Mil).

Funko's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€44.7 Mil) to Dec. 2022 (€77.7 Mil) but then declined from Dec. 2022 (€77.7 Mil) to Dec. 2023 (€65.4 Mil).


Funko Long-Term Capital Lease Obligation Historical Data

The historical data trend for Funko'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.

Funko Long-Term Capital Lease Obligation Chart

Funko Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 55.46 47.28 44.66 77.74 65.39

Funko 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 74.35 70.98 69.30 65.39 62.05

Funko  (FRA:FU2) 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.

Funko Long-Term Capital Lease Obligation Related Terms

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


Funko (FRA:FU2) Business Description

Industry
Traded in Other Exchanges
Address
2802 Wetmore Avenue, Everett, WA, USA, 98201
Funko Inc is an us-based pop culture consumer products company. It creates whimsical, fun, and different products which enable the customer to express their affinity for their favorite through the movie, TV show, video game, musician, or sports team. The company holds licenses and the rights to create tens of thousands of characters including Game of Thornes, Walking Dead, Disney, Marvel, Harry Potter, Fallout, and others. Its products include Pop, Dorbz, Mystery Vinyl, Plush, Action Figures, and Others. The company sells its products through a diverse network of retail customers across multiple retail channels, including specialty retailers, mass-market retailers, and e-commerce sites.

Funko (FRA:FU2) Headlines

No Headlines