Grab Holdings (Grab Holdings) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Grab Holdings Long-Term Capital Lease Obligation?

Grab Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

Grab Holdings's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($124 Mil) but then declined from Dec. 2023 ($124 Mil) to Mar. 2024 ($0 Mil).

Grab Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($101 Mil) to Dec. 2022 ($152 Mil) but then declined from Dec. 2022 ($152 Mil) to Dec. 2023 ($124 Mil).

Grab Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Grab Holdings'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.

Grab Holdings Long-Term Capital Lease Obligation Chart

Grab Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

21.00

20.00

101.00

152.00

124.00

Grab Holdings Quarterly Data
	Dec19	Jun20	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											-	-	-	124.00	-

Grab Holdings (NAS:GRAB) 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.

Grab Holdings Long-Term Capital Lease Obligation Related Terms

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

Grab Holdings (Grab Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Grab Holdings Inc (NAS:GRAB) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

A6I:Germany A6I:Germany

Address

3 Media Close, No. 01-03/06, Singapore, SGP, 138498

Website

https://www.grab.com

Founded in 2012, Grab provides ride-sharing services, food and grocery delivery, and financial services (payments, consumer loans, and enterprise offerings) in eight Southeast-Asian countries through its mobile platform. The company partners with merchants and riders, connecting them with consumers while charging commission to both sides. Grab has a leading market share in and derives 89% of its revenue from its core businesses, ride-sharing and food delivery. Singapore and Malaysia contributed 58% of revenue as of end-2021. Grab's main competitors in Southeast Asia are Foodpanda and Gojek, the ride-sharing arm of GoTo. Its financial services business is still in its nascent stage and provides minimal revenue currently. The company now also generates advertising revenue.