Lion Group Holding (Lion Group Holding) Long-Term Capital Lease Obligation : $0.08 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Lion Group Holding Long-Term Capital Lease Obligation?

Lion Group Holding's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.08 Mil.

Lion Group Holding's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 ($0.62 Mil) to Jun. 2023 ($0.31 Mil) and declined from Jun. 2023 ($0.31 Mil) to Dec. 2023 ($0.08 Mil).

Lion Group Holding's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($0.62 Mil) but then declined from Dec. 2022 ($0.62 Mil) to Dec. 2023 ($0.08 Mil).

Lion Group Holding Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lion Group Holding'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.

Lion Group Holding Long-Term Capital Lease Obligation Chart

Lion Group Holding Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.62

0.08

Lion Group Holding Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						-	0.82	0.62	0.31	0.08

Lion Group Holding (NAS:LGHL) 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.

Lion Group Holding Long-Term Capital Lease Obligation Related Terms

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

Lion Group Holding (Lion Group Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Lion Group Holding Ltd (NAS:LGHL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Phillip Street, Room No.15-04 Royal Group Building, Tower A, Billion Center, Kowloon Bay, Singapore, SGP, 048693

Website

https://www.liongroupholdings.com

Lion Group Holding Ltd is an asset management company. Also, the company provides wealth management, risk management, and other services. Also, the company offers CFD trading services, insurance brokerage services, futures brokerage services, and securities brokerage services.