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Alimentation Couche-Tard (TSX:ATD) Long-Term Capital Lease Obligation : C$4,897 Mil (As of Jan. 2024)


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What is Alimentation Couche-Tard Long-Term Capital Lease Obligation?

Alimentation Couche-Tard's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$4,897 Mil.

Alimentation Couche-Tard's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (C$4,167 Mil) to Oct. 2023 (C$4,222 Mil) and increased from Oct. 2023 (C$4,222 Mil) to Jan. 2024 (C$4,897 Mil).

Alimentation Couche-Tard's annual Long-Term Capital Lease Obligation increased from Apr. 2021 (C$3,489 Mil) to Apr. 2022 (C$3,851 Mil) and increased from Apr. 2022 (C$3,851 Mil) to Apr. 2023 (C$4,232 Mil).


Alimentation Couche-Tard Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alimentation Couche-Tard'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.

Alimentation Couche-Tard Long-Term Capital Lease Obligation Chart

Alimentation Couche-Tard Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3,182.86 3,489.20 3,850.91 4,232.36

Alimentation Couche-Tard Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3,939.49 4,232.36 4,167.41 4,221.65 4,897.38

Alimentation Couche-Tard  (TSX:ATD) 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.

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Alimentation Couche-Tard (TSX:ATD) Business Description

Traded in Other Exchanges
Address
4204 Boulevard Industriel, Laval, QC, CAN, H7L 0E3
Alimentation Couche-Tard Inc operates a network of convenience stores across North America, Ireland, Scandinavia, Poland, the Baltics, and Russia. The company primarily generates income through the sale of tobacco products, groceries, beverages, fresh food, quick service restaurants, car wash services, other retail products and services, road transportation fuel, stationary energy, marine fuel, and chemicals. In addition, the company operates more stores under the Circle K banner in other countries such as China, Egypt, and Malaysia. Its operation is geographically divided into U.S., Europe, and Canada. Revenue from external customers fall mainly into three categories: merchandise and services, road transportation fuel, and other.
Executives
Éric Boyko Director

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