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Light & Wonder (FRA:TJW) Long-Term Capital Lease Obligation : €29 Mil (As of Jun. 2024)


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What is Light & Wonder Long-Term Capital Lease Obligation?

Light & Wonder's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was €29 Mil.

Light & Wonder's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (€36 Mil) to Mar. 2024 (€31 Mil) and declined from Mar. 2024 (€31 Mil) to Jun. 2024 (€29 Mil).

Light & Wonder's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€35 Mil) to Dec. 2022 (€35 Mil) but then increased from Dec. 2022 (€35 Mil) to Dec. 2023 (€36 Mil).


Light & Wonder Long-Term Capital Lease Obligation Historical Data

The historical data trend for Light & Wonder'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.

Light & Wonder Long-Term Capital Lease Obligation Chart

Light & Wonder Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 79.20 35.35 35.40 34.93 35.76

Light & Wonder Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.61 28.11 35.76 31.28 28.80

Light & Wonder  (FRA:TJW) 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.

Light & Wonder Long-Term Capital Lease Obligation Related Terms

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Light & Wonder Business Description

Traded in Other Exchanges
Address
6601 Bermuda Road, Las Vegas, NV, USA, 89119
Light & Wonder is principally an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licensed in most jurisdictions allowing gambling globally. Light & Wonder is one of the three largest players in the space along with International Game Technology and Aristocrat Leisure. SciPlay, about one fourth of revenue, develops and distributes casual mobile games, principally in the social casino niche. The more nascent iGaming business sits between these two businesses, providing digital content and capabilities to real-money gaming providers.

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