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Loyalty Ventures (Loyalty Ventures) Long-Term Capital Lease Obligation : $88.4 Mil (As of Sep. 2022)


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What is Loyalty Ventures Long-Term Capital Lease Obligation?

Loyalty Ventures's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was $88.4 Mil.

Loyalty Ventures's quarterly Long-Term Capital Lease Obligation declined from Mar. 2022 ($100.4 Mil) to Jun. 2022 ($95.9 Mil) and declined from Jun. 2022 ($95.9 Mil) to Sep. 2022 ($88.4 Mil).

Loyalty Ventures's annual Long-Term Capital Lease Obligation declined from Dec. 2019 ($121.0 Mil) to Dec. 2020 ($117.6 Mil) and declined from Dec. 2020 ($117.6 Mil) to Dec. 2021 ($103.2 Mil).


Loyalty Ventures Long-Term Capital Lease Obligation Historical Data

The historical data trend for Loyalty Ventures'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.

Loyalty Ventures Long-Term Capital Lease Obligation Chart

Loyalty Ventures Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Long-Term Capital Lease Obligation
- 121.03 117.65 103.24

Loyalty Ventures Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.68 103.24 100.42 95.94 88.39

Loyalty Ventures  (OTCPK:LYLTQ) 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.

Loyalty Ventures Long-Term Capital Lease Obligation Related Terms

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Loyalty Ventures (Loyalty Ventures) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7500 Dallas Parkway, Suite 700, Plano, TX, USA, 75024
Website
Loyalty Ventures Inc provides coalition and campaign-based loyalty solutions through the Canadian AIR MILES Reward Program and BrandLoyalty Group B.V. It owns and operates the AIR MILES Reward Program, and Netherlands-based BrandLoyalty, a provider of purpose-driven, tailor-made campaign-based loyalty solutions for grocers and other high-frequency retailers. The AIR MILES Reward Program is a full-service outsourced coalition loyalty program for its sponsors who pay a fee per AIR MILES reward mile issued, in return for which the AIR MILES Reward Program provides all marketing, customer service, rewards and redemption management. BrandLoyalty designs, implements, conducts and evaluates and tailor-made loyalty programs for high frequency retailers worldwide.
Executives
Barbara L Rayner director 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Charles L Horn director, officer: President and CEO BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Roger H Ballou director C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Graham W Atkinson director 1200 E. ALGONQUIN ROAD, ELK GROVE TOWNSHIP IL 60007
Richard A. Genovese director 2500 MCCLELLAN AVENUE, SUITE 350, PENNSAUKEN NJ 08109
Laura Santillan officer: SVP, Chief Accounting Officer 17655 WATERVIEW PARKWAY, DALLAS TX 75252
John Jeffrey Chesnut officer: EVP, Chief Financial Officer 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Cynthia L Hageman officer: EVP, GC & Secretary 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Claudia Mennen officer: BrandLoyalty CEO 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Blair F Cameron officer: President, AIR MILES 7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Alliance Data Systems Corp 10 percent owner 3095 LOYALTY CIRCLE, COLUMBUS OH 43219

Loyalty Ventures (Loyalty Ventures) Headlines

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