Stella-Jones (TSX:SJ) Long-Term Capital Lease Obligation

: C$240 Mil (As of Dec. 2023)

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Stella-Jones's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$240 Mil.

Stella-Jones's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (C$133 Mil) to Sep. 2023 (C$152 Mil) and increased from Sep. 2023 (C$152 Mil) to Dec. 2023 (C$240 Mil).

Stella-Jones's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (C$109 Mil) to Dec. 2022 (C$126 Mil) and increased from Dec. 2022 (C$126 Mil) to Dec. 2023 (C$240 Mil).

Stella-Jones Long-Term Capital Lease Obligation Historical Data

The historical data trend for Stella-Jones'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.

Stella-Jones Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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89.00

106.00

109.00

126.00

240.00

Stella-Jones 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															126.00	134.00	133.00	152.00	240.00

Stella-Jones (TSX:SJ) 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.

Stella-Jones Long-Term Capital Lease Obligation Related Terms

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Stella-Jones (TSX:SJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Stella-Jones Inc (TSX:SJ) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

STLJF:USA 97S:Germany

Address

3100 de la Cote-Vertu Boulevard, Suite 300, Saint-Laurent, QC, CAN, H4R 2J8

Website

https://www.stella-jones.com

Stella-Jones Inc produces and sells lumber and wood products. The company operates in two segments: Pressure-treated wood, which includes utility poles, railway ties, residential lumber, and industrial products; and Logs & Lumber segment comprises of the sales of logs harvested in the course of the company's procurement process that is determined to be unsuitable for use as utility poles, it also includes the sale of excess lumber to local home-building markets. The vast majority of its revenue comes from the Pressure-treated wood segment. Its geographical segments are the United States and Canada, of which the majority of its revenue is derived from the United States.