Tatatu SPA (XPAR:ALTTU) Long-Term Capital Lease Obligation : €18.6 Mil (As of Jun. 2023)

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What is Tatatu SPA Long-Term Capital Lease Obligation?

Tatatu SPA's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was €18.6 Mil.

Tatatu SPA's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2022 (€0.0 Mil) to Dec. 2022 (€0.0 Mil) but then increased from Dec. 2022 (€0.0 Mil) to Jun. 2023 (€18.6 Mil).

Tatatu SPA Long-Term Capital Lease Obligation Historical Data

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

Tatatu SPA Annual Data

Trend

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Tatatu SPA Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	-	-	18.55

Tatatu SPA (XPAR:ALTTU) 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.

Tatatu SPA Long-Term Capital Lease Obligation Related Terms

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Tatatu SPA (XPAR:ALTTU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tatatu SPA (XPAR:ALTTU) » Definitions » Long-Term Capital Lease Obligation

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Address

Via Barberini 29, Rome, ITA, 00187

Website

https://www.tatatu.com

Tatatu SPA is the social media and entertainment application. It rewards users for the value they generate by spending time on the platform. Users receive TTU Coins for viewing content and social media interactions. Users can post photos and videos and earn even more TTU Coins when someone likes, comments, views, or shares a post or when users invite a friend. Rewards can be redeemed by bidding at auctions for the chance to win exclusive products and experiences through affiliated merchants.

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