Next (NXGPY) Long-Term Capital Lease Obligation : $1,105 Mil (As of Jan. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Next Long-Term Capital Lease Obligation?

Next's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was $1,105 Mil.

Next's quarterly Long-Term Capital Lease Obligation increased from Jan. 2023 ($1,074 Mil) to Jul. 2023 ($1,083 Mil) and increased from Jul. 2023 ($1,083 Mil) to Jan. 2024 ($1,105 Mil).

Next's annual Long-Term Capital Lease Obligation declined from Jan. 2022 ($1,213 Mil) to Jan. 2023 ($1,074 Mil) but then increased from Jan. 2023 ($1,074 Mil) to Jan. 2024 ($1,105 Mil).

Next Long-Term Capital Lease Obligation Historical Data

The historical data trend for Next'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.

Next Long-Term Capital Lease Obligation Chart

Next Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,410.07

1,385.81

1,212.60

1,073.56

1,105.34

Next Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,212.60	1,095.92	1,073.56	1,082.99	1,105.34

Next (OTCPK:NXGPY) 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.

Next Long-Term Capital Lease Obligation Related Terms

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

Next (NXGPY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Next PLC (OTCPK:NXGPY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NXTl:UK NXT:UK NXG:Germany

Address

Desford Road, Enderby, Leicester, GBR, LE19 4AT

Website

https://www.nextplc.co.uk

Next PLC is a retailer that sells clothing, footwear, accessories, and home products. most of the company's offerings consist of its own Next-branded products. Almost all of Next's revenue comes from its hundreds of stores in the United Kingdom and through its online and catalog business that reaches dozens of other countries. most of the company's remaining sales are through retail stores outside of the United Kingdom that it franchises. Its segments include NEXT Online, NEXT Finance, NEXT Retail, NEXT International Retail, Sourcing and other, and Property Management. Roughly 90% of the company's revenue comes from customers in the United Kingdom.

Next (NXGPY) Headlines

From GuruFocus

3 Margin-Growing UK Stocks as Lockdown Measures Ease Up

By James Li James Li • 11-24-2020

Bernard Horn Comments on Next PLC

By Sydnee Gatewood Sydnee Gatewood • 10-22-2020

UK Quality: Next - Total Platform Opportunity

By The City Letter • 10-23-2021

Bernard Horns' Polaris Global Value Fund Leans British in 1st-Quarter Buys

By Holly LaFon Holly LaFon • 06-04-2018

'Tis the Season

By David Goodloe David Goodloe • 12-18-2015

Bestinfond's Top 5 Buys of the 1st Quarter

By James Li James Li • 05-20-2019