Stagwell (Stagwell) Long-Term Capital Lease Obligation : $271 Mil (As of Mar. 2024)

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What is Stagwell Long-Term Capital Lease Obligation?

Stagwell's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $271 Mil.

Stagwell's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($271 Mil) to Dec. 2023 ($281 Mil) but then declined from Dec. 2023 ($281 Mil) to Mar. 2024 ($271 Mil).

Stagwell's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($343 Mil) to Dec. 2022 ($294 Mil) and declined from Dec. 2022 ($294 Mil) to Dec. 2023 ($281 Mil).

Stagwell Long-Term Capital Lease Obligation Historical Data

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

Stagwell Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

67.46

52.61

342.73

294.05

281.31

Stagwell Quarterly Data
	Dec19	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											278.98	263.89	271.29	281.31	271.38

Stagwell (NAS:STGW) 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.

Stagwell Long-Term Capital Lease Obligation Related Terms

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Stagwell (Stagwell) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Stagwell Inc (NAS:STGW) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

6IY:Germany

Address

One World Trade Center, Floor 65, New York, NY, USA, 10007

Website

https://www.stagwellglobal.com

Stagwell Inc is the challenger holding company built to transform marketing. It delivers scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. The company's segments include Integrated Agencies Network; Brand Performance Network; Communications Network and other. It generates maximum revenue from the Integrated Agencies Network segment. Geographically, it derives a majority of its revenue from the United States.

Executives

Peter Mcelligott	officer: General Counsel	ONE WORLD TRADE CENTER, FLOOR 65, NEW YORK NY 10007
Jay Leveton	officer: President	1808 EYE STREET, NW, EIGHTH FLOOR, C/O STAGWELL INC., WASHINGTON DC DC 20006
Vincenzo Dimaggio	officer: SVP, Chief Accounting Officer	330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Alpinvest Partners B.v.	10 percent owner	JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Ga Secondary C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Aj Secondary C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Partners Us Secondary Investments 2016 I C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Pep Secondary 2017 C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Secondaries Fund Vi C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Secondaries Fund (euro) Vi C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Ag Secondary C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Ap Fondo Secondaries Ii C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Ggg Us Secondary 2017 C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Apss Secondary C.v.	10 percent owner	C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282