Dorel Industries (Dorel Industries) Long-Term Capital Lease Obligation : $113 Mil (As of Dec. 2023)

View and export this data going back to 1998. Start your Free Trial

What is Dorel Industries Long-Term Capital Lease Obligation?

Dorel Industries's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $113 Mil.

Dorel Industries's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($127 Mil) to Sep. 2023 ($117 Mil) and declined from Sep. 2023 ($117 Mil) to Dec. 2023 ($113 Mil).

Dorel Industries's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($73 Mil) to Dec. 2022 ($130 Mil) but then declined from Dec. 2022 ($130 Mil) to Dec. 2023 ($113 Mil).

Dorel Industries Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dorel Industries'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.

Dorel Industries Long-Term Capital Lease Obligation Chart

Dorel Industries Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

147.80

140.43

72.71

129.60

112.91

Dorel Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															129.60	123.45	126.91	117.47	112.91

Dorel Industries (OTCPK:DIIBF) 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.

Dorel Industries Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Dorel Industries's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Dorel Industries (Dorel Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Dorel Industries Inc (OTCPK:DIIBF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

DO4B:Germany DII.B:Canada DII.A:Canada

Address

1255 Greene Avenue, Suite 300, Westmount, QC, CAN, H3Z 2A4

Website

https://www.dorel.com

Dorel Industries Inc is a Canadian company that sells juvenile products and furniture. Its segments include Dorel Home and Dorel Juvenile. Dorel Home segment is engaged in the design, sourcing, manufacturing, and distribution of ready-to-assemble furniture and home furnishings which include metal folding furniture, futons, children's furniture, step stools, hand trucks, ladders, outdoor furniture, and other imported furniture items. Dorel Juvenile segment is engaged in the design, sourcing, manufacturing, distribution, and retail of children's accessories which include infant car seats, strollers, high chairs, and infant health and safety aids. Its geographical segments include Canada, the United States, Europe, Latin America, Asia, and Other countries.