Grupo Casas Bahia (Grupo Casas Bahia) Long-Term Capital Lease Obligation : $587 Mil (As of Dec. 2023)

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What is Grupo Casas Bahia Long-Term Capital Lease Obligation?

Grupo Casas Bahia's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $587 Mil.

Grupo Casas Bahia's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($638 Mil) to Sep. 2023 ($602 Mil) and declined from Sep. 2023 ($602 Mil) to Dec. 2023 ($587 Mil).

Grupo Casas Bahia's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($596 Mil) to Dec. 2022 ($582 Mil) but then increased from Dec. 2022 ($582 Mil) to Dec. 2023 ($587 Mil).

Grupo Casas Bahia Long-Term Capital Lease Obligation Historical Data

The historical data trend for Grupo Casas Bahia'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.

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Grupo Casas Bahia Long-Term Capital Lease Obligation Chart

Grupo Casas Bahia Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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968.21

641.05

596.47

582.22

587.17

Grupo Casas Bahia 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															582.22	585.76	637.86	601.98	587.17

Grupo Casas Bahia (OTCPK:VIAYY) 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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Grupo Casas Bahia (Grupo Casas Bahia) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Grupo Casas Bahia SA (OTCPK:VIAYY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

BHIA3:Brazil

Address

Eldorado Business Tower Avenue, 8501 – 23rd floor, Pinheiros, Sao Caetano do Sul, SP, BRA, CEP 05425-070

Website

https://www.via.com.br

Grupo Casas Bahia SA formerly Via SA is a Brazil-based retailer that is principally engaged in the sale of consumer electronics, home appliances, mobile phones, and furniture. The company also provides credit card services to clients. The company operates through two traditional retail brand chains in Brazil; Casas Bahia and Pontofrio. Over two-thirds of the company's stores are under the Casas Bahia name, and all of its stores are located in Brazil. In addition to physical stores, the company also sells products through its websites of CNova.