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FL Entertainment NV (XAMS:FLE) Long-Term Capital Lease Obligation : €121 Mil (As of Mar. 2024)


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What is FL Entertainment NV Long-Term Capital Lease Obligation?

FL Entertainment NV's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €121 Mil.

FL Entertainment NV's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€128 Mil) to Dec. 2023 (€126 Mil) and declined from Dec. 2023 (€126 Mil) to Mar. 2024 (€121 Mil).

FL Entertainment NV's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€143 Mil) to Dec. 2022 (€131 Mil) and declined from Dec. 2022 (€131 Mil) to Dec. 2023 (€126 Mil).


FL Entertainment NV Long-Term Capital Lease Obligation Historical Data

The historical data trend for FL Entertainment NV'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.

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FL Entertainment NV Long-Term Capital Lease Obligation Chart

FL Entertainment NV Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 59.20 165.30 143.20 131.20 126.10

FL Entertainment NV Quarterly Data
Dec19 Dec20 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 135.00 147.00 128.40 126.10 120.50

FL Entertainment NV  (XAMS:FLE) 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.

FL Entertainment NV Long-Term Capital Lease Obligation Related Terms

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FL Entertainment NV (XAMS:FLE) Business Description

Traded in Other Exchanges
Address
5 Rue Francois 1er, Paris, ITA, 75008
FL Entertainment NV is an independent content production and fastest-growing online sports betting platform in Europe through its Banijay and Betclic Everest Group businesses. Banijay produces both scripted and non-scripted content across all genres, including reality shows, entertainment and talk shows, game shows, factual entertainment, documentary, drama, animation and comedy. Betclic Everest Group operates an online sports betting platform in Europe.

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