Arcos Dorados Holdings (Arcos Dorados Holdings) Long-Term Capital Lease Obligation : $811 Mil (As of Sep. 2023)

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What is Arcos Dorados Holdings Long-Term Capital Lease Obligation?

Arcos Dorados Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $811 Mil.

Arcos Dorados Holdings's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 ($777 Mil) to Jun. 2023 ($816 Mil) but then declined from Jun. 2023 ($816 Mil) to Sep. 2023 ($811 Mil).

Arcos Dorados Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2020 ($753 Mil) to Dec. 2021 ($707 Mil) but then increased from Dec. 2021 ($707 Mil) to Dec. 2022 ($748 Mil).

Arcos Dorados Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Arcos Dorados Holdings'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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Arcos Dorados Holdings Long-Term Capital Lease Obligation Chart

Arcos Dorados Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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861.58

752.61

707.12

747.67

Arcos Dorados Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															710.30	747.67	777.12	816.17	810.97

Arcos Dorados Holdings (NYSE:ARCO) 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.

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Arcos Dorados Holdings (Arcos Dorados Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Arcos Dorados Holdings Inc (NYSE:ARCO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ARCO:Mexico AD8:Germany AD8:Germany ARCO:Argentina

Address

Dr. Luis Bonavita 1294, Office 501, WTC Free Zone, Montevideo, URY, 11300

Website

https://www.arcosdorados.com

Arcos Dorados Holdings Inc operates McDonald's-branded restaurants in approximately 20 countries and territories in Latin America and the Caribbean. It functions through two sources which include company-operated restaurants and franchised restaurants segment. Their menu includes hamburgers, McNuggets, salad, sandwiches, french fries and others.