Morrison (Wm) Supermarkets (LSE:MRW) Long-Term Capital Lease Obligation : £1,287 Mil (As of Jul. 2021)

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What is Morrison (Wm) Supermarkets Long-Term Capital Lease Obligation?

Morrison (Wm) Supermarkets's Long-Term Capital Lease Obligation for the quarter that ended in Jul. 2021 was £1,287 Mil.

Morrison (Wm) Supermarkets's quarterly Long-Term Capital Lease Obligation declined from Jul. 2020 (£1,318 Mil) to Jan. 2021 (£1,299 Mil) and declined from Jan. 2021 (£1,299 Mil) to Jul. 2021 (£1,287 Mil).

Morrison (Wm) Supermarkets's annual Long-Term Capital Lease Obligation declined from Jan. 2019 (£1,328 Mil) to Jan. 2020 (£1,304 Mil) and declined from Jan. 2020 (£1,304 Mil) to Jan. 2021 (£1,299 Mil).

Morrison (Wm) Supermarkets Long-Term Capital Lease Obligation Historical Data

The historical data trend for Morrison (Wm) Supermarkets'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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Morrison (Wm) Supermarkets Long-Term Capital Lease Obligation Chart

Morrison (Wm) Supermarkets Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Long-Term Capital Lease Obligation

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1,354.00

1,328.00

1,304.00

1,299.00

Morrison (Wm) Supermarkets Semi-Annual Data
	Jan12	Jul12	Jan13	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,314.00	1,304.00	1,318.00	1,299.00	1,287.00

Morrison (Wm) Supermarkets (LSE:MRW) 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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Morrison (Wm) Supermarkets (LSE:MRW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Morrison (Wm) Supermarkets PLC (LSE:MRW) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

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Address

Gain Lane, Hilmore House, Bradford, West Yorkshire, GBR, BD3 7DL

Website

https://www.morrisons.com

Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth- largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates about 500 stores, entirely in the United Kingdom. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (McColl's).

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