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The Trade Desk (XTER:TT8) Long-Term Capital Lease Obligation : €166 Mil (As of Mar. 2024)


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What is The Trade Desk Long-Term Capital Lease Obligation?

The Trade Desk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €166 Mil.

The Trade Desk's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€178 Mil) to Dec. 2023 (€165 Mil) but then increased from Dec. 2023 (€165 Mil) to Mar. 2024 (€166 Mil).

The Trade Desk's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€211 Mil) to Dec. 2022 (€197 Mil) and declined from Dec. 2022 (€197 Mil) to Dec. 2023 (€165 Mil).


The Trade Desk Long-Term Capital Lease Obligation Historical Data

The historical data trend for The Trade Desk'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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The Trade Desk Long-Term Capital Lease Obligation Chart

The Trade Desk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.39 209.25 211.03 196.85 165.40

The Trade Desk 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 187.48 182.82 178.22 165.40 166.02

The Trade Desk  (XTER:TT8) 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.

The Trade Desk Long-Term Capital Lease Obligation Related Terms

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The Trade Desk (XTER:TT8) Business Description

Industry
Address
42 N. Chestnut Street, Ventura, CA, USA, 93001
The Trade Desk provides a self-service platform that helps advertisers and ad agencies programmatically find and purchase digital ad inventory (display, video, audio, native, and social) on different devices like computers, smartphones, digital out of home, and connected TVs. It utilizes data to optimize the performance of ad impressions purchased. The firm's platform is referred to as a demand-side platform in the digital ad industry. The firm generates its revenue from fees based on a percentage of what its clients spend on advertising. The Trade Desk became a public company in 2016 and has since increased revenue at a 43% average annual rate. During that period, it has been profitable with operating margins of 10%-28%.

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