Empire Co (Empire Co) Long-Term Capital Lease Obligation : $4,293 Mil (As of Jan. 2024)

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

What is Empire Co Long-Term Capital Lease Obligation?

Empire Co's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was $4,293 Mil.

Empire Co's quarterly Long-Term Capital Lease Obligation declined from Jul. 2023 ($4,181 Mil) to Oct. 2023 ($4,016 Mil) but then increased from Oct. 2023 ($4,016 Mil) to Jan. 2024 ($4,293 Mil).

Empire Co's annual Long-Term Capital Lease Obligation increased from Apr. 2021 ($4,336 Mil) to Apr. 2022 ($4,574 Mil) but then declined from Apr. 2022 ($4,574 Mil) to Apr. 2023 ($4,169 Mil).

Empire Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Empire Co'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.

Empire Co Long-Term Capital Lease Obligation Chart

Empire Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

3,416.86

4,336.16

4,573.88

4,168.57

Empire Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															4,211.97	4,168.57	4,181.06	4,016.12	4,293.08

Empire Co (OTCPK:EMLAF) 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.

Empire Co Long-Term Capital Lease Obligation Related Terms

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

Empire Co (Empire Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Empire Co Ltd (OTCPK:EMLAF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

C15:Germany EMP.A:Canada

Address

115 King Street, Stellarton, NS, CAN, B0K 1S0

Website

https://www.empireco.ca

Empire Co Ltd key businesses are food retailing, investments, and other operations. The food retailing division operates through Empire's subsidiary Sobeys and represents nearly all of the company's income. This segment owns, affiliates, or franchises more than 1,500 stores in 10 provinces, under retail banners including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Lawton's Drug Stores, and multiple retail fuel locations. The company's investment and other operations segment include the investment in Crombie REIT, which is an open-ended Canadian real estate investment trust, as well as the Genstar Development Partnership.

Empire Co (Empire Co) Headlines

From GuruFocus

Empire Co Ltd's Dividend Analysis

By GuruFocus Research • 01-11-2024

Gurus Hold Retailers at 10-Year Low P/S

By Sally Jones Sally Jones • 12-29-2013

Caper Rolls Out Smart Shopping Carts With One Of North America's Largest Grocery Chains

By PRNewswire PRNewswire • 10-23-2019

Empire Company: Canadian Grocer Paying Dividends Since 1963

By Ben Reynolds Ben Reynolds • 09-26-2016

Empire Co Ltd's Dividend Analysis

By GuruFocus Research • 10-11-2023