Bloomin Brands (Bloomin Brands) Long-Term Capital Lease Obligation : $1,132 Mil (As of Dec. 2023)

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What is Bloomin Brands Long-Term Capital Lease Obligation?

Bloomin Brands's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,132 Mil.

Bloomin Brands's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($1,132 Mil) to Sep. 2023 ($1,152 Mil) but then declined from Sep. 2023 ($1,152 Mil) to Dec. 2023 ($1,132 Mil).

Bloomin Brands's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($1,179 Mil) to Dec. 2022 ($1,149 Mil) and declined from Dec. 2022 ($1,149 Mil) to Dec. 2023 ($1,132 Mil).

Bloomin Brands Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bloomin Brands'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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Bloomin Brands Long-Term Capital Lease Obligation Chart

Bloomin Brands Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,279.05

1,217.92

1,179.45

1,148.61

1,131.64

Bloomin Brands Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,148.61	1,136.69	1,132.02	1,151.72	1,131.64

Bloomin Brands (NAS:BLMN) 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.

Bloomin Brands Long-Term Capital Lease Obligation Related Terms

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Bloomin Brands (Bloomin Brands) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bloomin Brands Inc (NAS:BLMN) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

BOO:Germany

Address

2202 North West Shore Boulevard, Suite 500, Tampa, FL, USA, 33607

Website

https://www.bloominbrands.com

Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.

Executives

Rohit Lal	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Lissette R Gonzalez	officer: SVP, Global Supply Chain Offic	2202 N. WEST SHORE BLVD., SUITE 500, TAMAP FL 33607
Brett A Patterson	officer: SVP, Pres Outback Steakhouse	2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Mark E Graff	officer: SVP, Development	2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Astrid Isaacs	officer: SVP, Chief Technology Officer	2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Elizabeth A Smith	director, officer: Chairman and CEO	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gainor John P Jr	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Julie T. Kunkel	director	2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
David J. Deno	officer: Executive Vice President & CFO	111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Suzann Trevisan	officer: Chief Human Resources Officer	2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Melanie Marein-efron	director	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Philip J Pace	officer: SVP, Chief Accounting Officer	2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Kelly Lefferts	officer: EVP, Chief Legal Officer	2202 N. WEST SHORE BLVD SUITE 500, TAMPA FL 33607
Gregg Scarlett	officer: EVP & Pres. Bonefish Grill	2202 NORTH WEST SHORE BOULEVARD, TAMPA FL 33607
Lawrence V Jackson	director	C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005