Tri Pointe Homes (Tri Pointe Homes) Long-Term Capital Lease Obligation : $78 Mil (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Tri Pointe Homes Long-Term Capital Lease Obligation?

Tri Pointe Homes's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $78 Mil.

Tri Pointe Homes's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($76 Mil) to Dec. 2023 ($79 Mil) but then declined from Dec. 2023 ($79 Mil) to Mar. 2024 ($78 Mil).

Tri Pointe Homes's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($77 Mil) to Dec. 2022 ($78 Mil) and increased from Dec. 2022 ($78 Mil) to Dec. 2023 ($79 Mil).

Tri Pointe Homes Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tri Pointe Homes'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.

Tri Pointe Homes Long-Term Capital Lease Obligation Chart

Tri Pointe Homes Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

56.13

53.24

77.26

77.73

78.78

Tri Pointe Homes Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															77.47	75.47	75.54	78.78	78.05

Tri Pointe Homes (NYSE:TPH) 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.

Tri Pointe Homes Long-Term Capital Lease Obligation Related Terms

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

Tri Pointe Homes (Tri Pointe Homes) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Tri Pointe Homes Inc (NYSE:TPH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

T86:Germany

Address

940 Southwood Boulevard, Suite 200, Incline Village, Irvine, CA, USA, 89451

Website

https://www.tripointehomes.com

Tri Pointe Homes Inc is an American construction company that focuses on residential construction. The company designs and builds single-family homes and condominiums through its portfolio of six regional housing brands. Its largest regional brands include Maracay Homes, which operates in Arizona, and TRI Pointe and Pardee Homes, which operate in California, Nevada, and Colorado. From a geographic perspective, California is TRI Pointe's largest source of revenue, followed by Arizona and Nevada. The company also operates in Texas, Oregon, and Virginia. TRI Pointe completes approximately 4,000 homes annually with an average selling price around $500,000. TRI Pointe also is involved in the sale and development of land.

Executives

Lawrence B Burrows	director	C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Glenn J. Keeler	officer: VP & Chief Accounting Officer	C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Douglas F. Bauer	director, officer: CHIEF EXECUTIVE OFFICER	C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Steven J Gilbert	director	540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Moore Constance B	director	333 CLAY STREET, SUITE 4980, HOUSTON TX 77002
Thomas J Mitchell	officer: President, COO, and Secretary	C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Robert Kent Grahl	director	19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Vicki D. Mcwilliams	director	C/O TRI POINTE GROUP, INC., SUITE 300, IRVINE CA 92612
Michael D Grubbs	officer: See Remarks	C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
David Ch Lee	officer: VP GENERAL COUNSEL & SECRETARY	C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Bradley William Blank	officer: See Remarks	C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Barry S Sternlicht	director, 10 percent owner	STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Ken Krivanec	officer: President of Quadrant Homes	C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Daniel S Fulton	director	C/O TRI POINTE GROUP, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612
Christopher D. Graham	director	C/O TRI POINTE HOMES, INC., 19540 JAMBOREE ROAD, SUITE 300, IRVINE CA 92612