Discontinued — last reported Q3 '23
Geographic · Operating Lease Right Of Use Asset
Asia Pacific — Operating Lease Right Of Use Asset
Equinix, Inc. Asia Pacific — Operating Lease Right Of Use Asset decreased by 2.8% to $655.67M in Q3 2023 compared to the prior quarter. Year-over-year, this metric declined by 6.7%, from $703.06M to $655.67M.
Analysis
StatementSegment
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2019
Last reportedQ3 2023Oct 27, 2023
Rolls up toOperating Lease ROU Assets
How to read this metric
An increase reflects a larger leased footprint, which may indicate a strategy to scale quickly without heavy capital outlay, while a decrease may signal a shift toward owning assets or consolidating facilities.
Detailed definition
This metric represents the capitalized value of the right to use leased properties, such as data center facilities or of...
Peer comparison
Comparable to operating lease assets reported under IFRS 16 or ASC 842 standards by companies with significant leased real estate portfolios.
Metric ID:
eqix_segment_asia_pacific_operating_lease_right_of_use_assetHistorical Data
10 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $543.31M | $533.87M | $514.79M | $492.71M | $733.44M | $703.06M | $724.66M | $701.23M | $674.44M | $655.67M |
| QoQ Change | — | -1.7% | -3.6% | -4.3% | +48.9% | -4.1% | +3.1% | -3.2% | -3.8% | -2.8% |
| YoY Change | — | — | — | — | +35.0% | +31.7% | +40.8% | +42.3% | -8.0% | -6.7% |
Range$492.71M – $733.44M
CAGR+8.7%
Avg YoY Growth+22.5%
Median YoY Growth+33.3%
Current Streak3 quarters decline
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Frequently Asked Questions
- What is Equinix, Inc.'s asia pacific — operating lease right of use asset?
- Equinix, Inc. (EQIX) reported asia pacific — operating lease right of use asset of $655.67M in Q3 2023.
- How has Equinix, Inc.'s asia pacific — operating lease right of use asset changed year-over-year?
- Equinix, Inc.'s asia pacific — operating lease right of use asset decreased by 6.7% year-over-year, from $703.06M to $655.67M.
- What does asia pacific — operating lease right of use asset mean?
- The balance sheet value of the company's rights to use leased properties in the Asia-Pacific region.