Belc Co (TSE:9974) Long-Term Capital Lease Obligation : 円172 Mil (As of Feb. 2024)

View and export this data going back to 1994. Start your Free Trial

What is Belc Co Long-Term Capital Lease Obligation?

Belc Co's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was 円172 Mil.

Belc Co's quarterly Long-Term Capital Lease Obligation declined from Aug. 2023 (円209 Mil) to Nov. 2023 (円191 Mil) and declined from Nov. 2023 (円191 Mil) to Feb. 2024 (円172 Mil).

Belc Co's annual Long-Term Capital Lease Obligation declined from Feb. 2022 (円503 Mil) to Feb. 2023 (円245 Mil) and declined from Feb. 2023 (円245 Mil) to Feb. 2024 (円172 Mil).

Belc Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Belc 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.

Belc Co Long-Term Capital Lease Obligation Chart

Belc Co Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,971.00

1,074.00

503.00

245.00

172.00

Belc Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															245.00	226.00	209.00	191.00	172.00

Belc Co (TSE:9974) 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.

Belc Co Long-Term Capital Lease Obligation Related Terms

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

Belc Co (TSE:9974) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Belc Co Ltd (TSE:9974) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

5456 Yodo Yorii-machi, Osato-gun, Saitama, JPN, 369-1298

Website

http://www.belc.co.jp

Belc Co Ltd manages a chain of food supermarkets in Japan. The company is headquartered in Japan and earns the entirety of its revenue domestically. The company has a chain of retail stores in the Tokyo metropolitan area and is focused on the Saitama prefecture. Through its subsidiaries, Belc Co. Ltd is involved with the production and distribution of food items and ready-made meals to its self-run stores. Its products include perishable goods, grocery items, sundry items, daily necessities and processed food. Belc Co. Ltd also provides services to its stores including chain management and cleaning.

Belc Co (TSE:9974) Headlines

No Headlines