Allot (ALLT) Long-Term Capital Lease Obligation : $0.70 Mil (As of Dec. 2023)

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What is Allot Long-Term Capital Lease Obligation?

Allot's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.70 Mil.

Allot's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($1.48 Mil) to Sep. 2023 ($0.65 Mil) but then increased from Sep. 2023 ($0.65 Mil) to Dec. 2023 ($0.70 Mil).

Allot's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($5.47 Mil) to Dec. 2022 ($2.58 Mil) and declined from Dec. 2022 ($2.58 Mil) to Dec. 2023 ($0.70 Mil).

Allot Long-Term Capital Lease Obligation Historical Data

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

Allot Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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3.82

1.84

5.47

2.58

0.70

Allot Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2.58	1.66	1.48	0.65	0.70

Allot (NAS:ALLT) 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.

Allot Long-Term Capital Lease Obligation Related Terms

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Allot (ALLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Allot Ltd (NAS:ALLT) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ALLT:Israel AG6:Germany

Address

22 Hanagar Street, Neve Ne’eman Industrial Zone B, Hod-Hasharon, ISR, 4501317

Website

https://www.allot.com

Allot Ltd is a provider of leading innovative network intelligence and security solutions for service providers and enterprises. The company's solutions are deployed globally for network and application analytics, traffic control and shaping, and network-based security services. The firm's multi-service platforms are deployed by over 500 mobile, fixed, and cloud service providers and over 1000 enterprises.

Executives

Gemini Israel Ii Parallel Fund Lp /ny	10 percent owner
Gemini Israel Ii Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Israel Funds Ltd.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Partners Investors L.p.	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Gemini Capital Associates Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725
Advent Pggm Gemini Limited Partnership	10 percent owner	9 HAMENOFIM STREET, HERZLIYA PITUACH L3 46725