Zalando SE (WBO:ZAL) Long-Term Capital Lease Obligation : €780 Mil (As of Dec. 2023)

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What is Zalando SE Long-Term Capital Lease Obligation?

Zalando SE's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €780 Mil.

Zalando SE's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (€675 Mil) to Sep. 2023 (€645 Mil) but then increased from Sep. 2023 (€645 Mil) to Dec. 2023 (€780 Mil).

Zalando SE's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€579 Mil) to Dec. 2022 (€670 Mil) and increased from Dec. 2022 (€670 Mil) to Dec. 2023 (€780 Mil).

Zalando SE Long-Term Capital Lease Obligation Historical Data

The historical data trend for Zalando SE'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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Zalando SE Long-Term Capital Lease Obligation Chart

Zalando SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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481.40

443.00

579.00

670.10

780.00

Zalando SE 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															670.10	651.80	675.40	644.50	780.00

Zalando SE (WBO:ZAL) 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.

Zalando SE Long-Term Capital Lease Obligation Related Terms

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Zalando SE (WBO:ZAL) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Zalando SE (WBO:ZAL) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

ZLNDY:USA ZLDSF:USA ZAL:Poland ZAL:Mexico 1ZAL:Italy ZALd:UK 0QXN:UK ZAL:Germany

Address

Valeska-Gert-Strabe 5, Berlin, DEU, 10243

Website

https://corporate.zalando.com

Zalando, founded in 2008, is Europe's biggest pure-play online fashion platform. Zalando is present in 25 European countries, and its major market is the DACH region, comprising Germany, Austria, and Switzerland, which accounts for around 40% of revenue. The company commands 4% of European apparel sales and 12% market share in European online apparel sales. It has 12 fulfilment centers and presents over 7,000 brands on its platform. In 2022, Zalando had over 50 million active users (more than 10% of the population in countries where the firm has a presence) and over 7 billion site visits.

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