Kindred Group (Kindred Group) Long-Term Capital Lease Obligation : $27 Mil (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is Kindred Group Long-Term Capital Lease Obligation?

Kindred Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $27 Mil.

Kindred Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($37 Mil) to Dec. 2023 ($33 Mil) and declined from Dec. 2023 ($33 Mil) to Mar. 2024 ($27 Mil).

Kindred Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($58 Mil) to Dec. 2022 ($46 Mil) and declined from Dec. 2022 ($46 Mil) to Dec. 2023 ($33 Mil).

Kindred Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kindred 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.

Kindred Group Long-Term Capital Lease Obligation Chart

Kindred Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

69.86

67.47

57.85

46.04

32.79

Kindred Group 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															44.18	40.15	37.13	32.79	26.81

Kindred Group (OTCPK:KNDGF) 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.

Kindred Group Long-Term Capital Lease Obligation Related Terms

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

Kindred Group (Kindred Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Kindred Group PLC (OTCPK:KNDGF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

KIND SDB:Sweden KINDs:UK 0RDS:UK UNBA:Germany UNBA:Germany

Address

C/o Camilleri Preziosi, South Street, Level 2, Valletta Buildings, Valletta, MLT, VLT 1103

Website

https://www.kindredgroup.com

Kindred Group PLC is an online gambling and gaming business that licenses online casino, poker, bingo, and sports betting. Its geographical reporting segments are as follows: the Nordics, Western Europe, Central, Eastern & Southern Europe, and Other. The company derives a majority of its revenue from Western Europe through gross winnings, betting duties, marketing revenue share, and other cost of sales. It operates through several different online brands, such as Unibet, Bingo.com, Maria Casino, and iGame. The Casino & Games products account for the most revenue, followed by Sports Betting, Poker, and Other.

Kindred Group (Kindred Group) Headlines

From GuruFocus

Kindred Group PLC's Dividend Analysis

By GuruFocus Research • 10-23-2023

Phoenician Capital LLC Buys Kindred Group PLC, Goodfood Market Corp

By GuruFocus Research GuruFocus Editor • 11-17-2021

Unibet brings Evolution's online live dealer casino to Pennsylvania

By PRNewswire PRNewswire • 11-24-2020

Kindred signs partnership with AFC Ajax

By PRNewswire PRNewswire • 06-21-2022

Kindred signs partnership with AFC Ajax

By PRNewswire PRNewswire • 07-01-2022

Unibet primary sponsor to NASCAR-team Stewart-Haas Racing

By PRNewswire PRNewswire • 06-23-2021

Kindred signs partnership with AFC Ajax

By PRNewswire PRNewswire • 07-11-2022

Kindred Group utilises authorisation to repurchase own shares

By PRNewswire PRNewswire • 08-01-2022