Metcash (ASX:MTS) Long-Term Capital Lease Obligation : A$0 Mil (As of Oct. 2023)

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

What is Metcash Long-Term Capital Lease Obligation?

Metcash's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was A$0 Mil.

Metcash's quarterly Long-Term Capital Lease Obligation increased from Oct. 2022 (A$0 Mil) to Apr. 2023 (A$902 Mil) but then declined from Apr. 2023 (A$902 Mil) to Oct. 2023 (A$0 Mil).

Metcash's annual Long-Term Capital Lease Obligation declined from Apr. 2021 (A$888 Mil) to Apr. 2022 (A$883 Mil) but then increased from Apr. 2022 (A$883 Mil) to Apr. 2023 (A$902 Mil).

Metcash Long-Term Capital Lease Obligation Historical Data

The historical data trend for Metcash'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.

Metcash Long-Term Capital Lease Obligation Chart

Metcash Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

5.50

712.70

888.00

882.50

901.60

Metcash Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	882.50	-	901.60	-

Metcash (ASX:MTS) 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.

Metcash Long-Term Capital Lease Obligation Related Terms

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

Metcash (ASX:MTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Metcash Ltd (ASX:MTS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MCSHF:USA MG9:Germany

Address

1 Thomas Holt Drive, Macquarie Park, Sydney, NSW, AUS, 2113

Website

https://www.metcash.com

Metcash is a wholesale distribution and marketing company specialising in food, liquor, and hardware. Centralised wholesale distribution enables retailers to gain access to the combined scale of many retailers to negotiate material volume discounts.The food segment distributes of a range of products and services to independent supermarket and convenience stores. The hardware segment distributes hardware products to independent retail outlets and operates company-owned stores. The liquor segment distributes liquor products to independent retailers and pubs.

Metcash (ASX:MTS) Headlines

From GuruFocus

Metcash Stock Is Estimated To Be Modestly Overvalued

By GF Value GF Value • 05-11-2021