Golden Matrix Group (Golden Matrix Group) Long-Term Capital Lease Obligation : $0.26 Mil (As of Jan. 2024)

View and export this data going back to 2009. Start your Free Trial

What is Golden Matrix Group Long-Term Capital Lease Obligation?

Golden Matrix Group's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.26 Mil.

Golden Matrix Group's quarterly Long-Term Capital Lease Obligation stayed the same from Jul. 2023 ($0.00 Mil) to Oct. 2023 ($0.00 Mil) but then increased from Oct. 2023 ($0.00 Mil) to Jan. 2024 ($0.26 Mil).

Golden Matrix Group's annual Long-Term Capital Lease Obligation increased from Jan. 2021 ($0.00 Mil) to Oct. 2022 ($0.06 Mil) but then declined from Oct. 2022 ($0.06 Mil) to Oct. 2023 ($0.00 Mil).

Golden Matrix Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Golden Matrix Group'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.

Golden Matrix Group Long-Term Capital Lease Obligation Chart

Golden Matrix Group Annual Data

Trend

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jan21

Oct22

Oct23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.06

Golden Matrix Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.04	0.01	-	-	0.26

Golden Matrix Group (NAS:GMGI) 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.

Golden Matrix Group Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Golden Matrix Group's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Golden Matrix Group (Golden Matrix Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Golden Matrix Group Inc (NAS:GMGI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SE0C:Germany

Address

3651 Lindell Road, Suite D131, Las Vegas, NV, USA, 89103

Website

https://www.goldenmatrix.com

Golden Matrix Group Inc is an established gaming technology company that develops and owns online gaming IP and builds configurable and scalable white-label social gaming platforms for its international customers, located in the Asia Pacific region. The company operates in two reportable segments; B2B and B2C. The B2C segment earns majority revenue. The company operates in UK, Asia Pacific and Latin America. It offers configurable and scalable iGaming platforms and operate some of the industry's iconic brands, including MexPlay, R Kings Competitions and GM-AG.

Executives

Philip Moyes	director	54 KINGS WHARF, QUAY 27, QUEENSWAY J1 GX11 1AA
Thomas Mcchesney	director	PO BOX 2910, TACOMA WA 98401-2910
Omar Jimenez	officer: CFO & Chief Compliance Officer	C/O MONAKER GROUP INC., 2690 WESTON ROAD, SUITE 200, WESTON FL 33331
Aaron Richard Johnston	director	3851 LINDELL RD, STE D131, LAS VEGAS NV 89103
Murray George Smith	director	11920 SOUTHERN HIGHLANDS PARKWAY,, SUITE 200, LAS VEGAS NV 89141
Luxor Capital Llc	10 percent owner	3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Anthony Brian Goodman	director, 10 percent owner, officer: CEO	3651 LINDELL RD STE D131, LAS VEGAS NV 89103
Weiting Feng	director, officer: CFO	3651 LINDELL RD STE D131, LAS VEGAS NV 89103