Clorox Co (LIM:CLX) Long-Term Capital Lease Obligation : $347 Mil (As of Mar. 2024)

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What is Clorox Co Long-Term Capital Lease Obligation?

Clorox Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $347 Mil.

Clorox Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($290 Mil) to Dec. 2023 ($311 Mil) and increased from Dec. 2023 ($311 Mil) to Mar. 2024 ($347 Mil).

Clorox Co's annual Long-Term Capital Lease Obligation increased from Jun. 2021 ($301 Mil) to Jun. 2022 ($314 Mil) but then declined from Jun. 2022 ($314 Mil) to Jun. 2023 ($310 Mil).

Clorox Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Clorox 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.

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Clorox Co Long-Term Capital Lease Obligation Chart

Clorox Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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278.00

301.00

314.00

310.00

Clorox Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															323.00	310.00	290.00	311.00	347.00

Clorox Co (LIM:CLX) 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.

Clorox Co Long-Term Capital Lease Obligation Related Terms

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Clorox Co (LIM:CLX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Clorox Co (LIM:CLX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CLX:USA CLX:Mexico 1CLX:Italy CXX:Germany

Address

1221 Broadway, Oakland, CA, USA, 94612-1888

Website

https://www.thecloroxcompany.com

Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.