Siebert Financial (STU:STF) Long-Term Capital Lease Obligation : €1.87 Mil (As of Mar. 2024)

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What is Siebert Financial Long-Term Capital Lease Obligation?

Siebert Financial's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.87 Mil.

Siebert Financial's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€2.23 Mil) to Dec. 2023 (€2.04 Mil) and declined from Dec. 2023 (€2.04 Mil) to Mar. 2024 (€1.87 Mil).

Siebert Financial's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€1.50 Mil) to Dec. 2022 (€1.18 Mil) but then increased from Dec. 2022 (€1.18 Mil) to Dec. 2023 (€2.04 Mil).

Siebert Financial Long-Term Capital Lease Obligation Historical Data

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

Siebert Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1.96

1.07

1.50

1.18

2.04

Siebert Financial 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															1.00	0.86	2.23	2.04	1.87

Siebert Financial (STU:STF) 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.

Siebert Financial Long-Term Capital Lease Obligation Related Terms

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Siebert Financial (STU:STF) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Siebert Financial Corp (STU:STF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

SIEB:USA

Address

535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017

Website

https://www.siebert.com

Siebert Financial Corp is a holding company. It conducts retail discount brokerage business through its wholly-owned subsidiary. The firm mainly provides online and traditional brokerage and related services to retail investors and also acts as an investment advisor for its subsidiary. The company operates in the securities brokerage and asset management industry. It also engages in Insurance services, Robo-advisory technology, and Prime brokerage business through its subsidiaries.

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