Kogan.com (ASX:KGN) Long-Term Capital Lease Obligation : A$0.0 Mil (As of Dec. 2023)

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What is Kogan.com Long-Term Capital Lease Obligation?

Kogan.com's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.0 Mil.

Kogan.com's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (A$0.0 Mil) to Jun. 2023 (A$8.2 Mil) but then declined from Jun. 2023 (A$8.2 Mil) to Dec. 2023 (A$0.0 Mil).

Kogan.com's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (A$9.4 Mil) to Jun. 2022 (A$15.0 Mil) but then declined from Jun. 2022 (A$15.0 Mil) to Jun. 2023 (A$8.2 Mil).

Kogan.com Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kogan.com'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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Kogan.com Long-Term Capital Lease Obligation Chart

Kogan.com Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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0.69

0.45

9.42

14.99

8.20

Kogan.com Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial										-	14.99	-	8.20	-

Kogan.com (ASX:KGN) 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.

Kogan.com Long-Term Capital Lease Obligation Related Terms

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Kogan.com (ASX:KGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kogan.com Ltd (ASX:KGN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

UZQ:Germany

Address

139 Gladstone Street, South Melbourne, Melbourne, VIC, AUS, 3205

Website

https://www.kogancorporate.com

Kogan.com is an Australian pure-play online retailer. The firm primarily caters to value-driven consumers through its private label products, spanning multiple categories including consumer electronics, furniture, and fitness. For brand-conscious consumers, Kogan also offers a wide range of products from well-known third-party brands such as Apple, Samsung, and Google. Additionally, Kogan competes in the online marketplace industry, providing a platform and customer base for approved sellers in exchange for a commission. Finally, the firm sells multiple white-labelled products and services including prepaid mobile phone plans, insurance, and travel packages.

Kogan.com (ASX:KGN) Headlines

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