RGP (Resources Connection) Long-Term Capital Lease Obligation : $21.3 Mil (As of Feb. 2025)

View and export this data going back to 2000. Start your Free Trial

What is Resources Connection Long-Term Capital Lease Obligation?

Resources Connection's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2025 was $21.3 Mil.

Resources Connection's quarterly Long-Term Capital Lease Obligation increased from Aug. 2024 ($19.3 Mil) to Nov. 2024 ($22.4 Mil) but then declined from Nov. 2024 ($22.4 Mil) to Feb. 2025 ($21.3 Mil).

Resources Connection's annual Long-Term Capital Lease Obligation declined from May. 2022 ($13.4 Mil) to May. 2023 ($10.3 Mil) and declined from May. 2023 ($10.3 Mil) to May. 2024 ($8.6 Mil).

Resources Connection Long-Term Capital Lease Obligation Historical Data

The historical data trend for Resources Connection'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.

Resources Connection Long-Term Capital Lease Obligation Chart

Resources Connection Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

30.67

20.74

13.35

10.27

8.59

Resources Connection Quarterly Data
	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															9.26	8.59	19.33	22.37	21.26

Resources Connection (NAS:RGP) 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.

Resources Connection Long-Term Capital Lease Obligation Related Terms

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

Resources Connection Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Resources Connection Inc (NAS:RGP) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

RCO:Germany RCO:Germany

Address

17101 Armstrong Avenue, Irvine, CA, USA, 92614

Website

https://www.rgp.com

Resources Connection Inc provides consulting and business initiative support services predominantly through its operative subsidiary, Resources Global Professionals. It has two segments RGP ( Resources Global Professionals.) and Sitrick. The RGP segment is focused on delivering consulting services catering to its client's operational needs and change initiatives utilizing a combination of bench and on-demand, talent. The Sitrick segment provides corporate, financial, transactional, and crisis communication and management services. The company generates a majority of its revenue from the RGP segment. Geographically, it derives its key revenue from North America and the rest from Europe and the Asia Pacific region.

Executives

David P White	director	17101 ARMSTRONG AVE., STE 100, IRVINE CA 92614
Kate W Duchene	director, officer: President & CEO	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Jennifer Y Ryu	officer: CFO	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Neil F Dimick	director	BUILDING 4, TRIDENT PLACE, MOSQUITO WAY, HATFIELD, HERTFORDSHIRE X0 AL10 9UL
Timothy L Brackney	officer: President and COO	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Robert F Kistinger	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Jolene Sarkis	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Maltzan Marco Von	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Susan Collyns	director	6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Donald B Murray	director, officer: Chief Executive Officer	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Anthony Cherbak	officer: Executive VP of Operations	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Lisa Pierozzi	director	17101 ARMSTRONG AVE, STE 100, IRVINE CA 92614
Susan J Crawford	director	17101 ARMSTRONG AVE, IRVINE CA 92614
John D Bower	officer: Vice-President of Finance	C/O RESOURCES CONNECTION, 695 TOWN CENTER DR, COSTA MESA CA 92626
Michael H Wargotz	director	AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022