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Burberry Group (Burberry Group) Long-Term Capital Lease Obligation : $1,141 Mil (As of Sep. 2023)


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What is Burberry Group Long-Term Capital Lease Obligation?

Burberry Group's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,141 Mil.

Burberry Group's quarterly Long-Term Capital Lease Obligation increased from Sep. 2022 ($1,044 Mil) to Mar. 2023 ($1,095 Mil) and increased from Mar. 2023 ($1,095 Mil) to Sep. 2023 ($1,141 Mil).

Burberry Group's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($1,123 Mil) to Mar. 2022 ($1,119 Mil) and declined from Mar. 2022 ($1,119 Mil) to Mar. 2023 ($1,095 Mil).


Burberry Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Burberry Group'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.

Burberry Group Long-Term Capital Lease Obligation Chart

Burberry Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1,126.24 1,123.44 1,118.58 1,094.66

Burberry Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,171.29 1,118.58 1,044.17 1,094.66 1,141.09

Burberry Group  (OTCPK:BURBY) 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.

Burberry Group Long-Term Capital Lease Obligation Related Terms

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Burberry Group (Burberry Group) Business Description

Traded in Other Exchanges
Address
Horseferry Road, Horseferry House, London, GBR, SW1P 2AW
Burberry, a British luxury monobrand, which is more than 160 years old, is best known for its outerwear and signature plaid. It has a global presence with 32% of revenue generated in Europe, 42% in Asia, and 25% in North America. Apparel contributes about 62% of sales.

Burberry Group (Burberry Group) Headlines

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