Lowe's (BSP:LOWC34) Short-Term Capital Lease Obligation : R$2,395 Mil (As of Jan. 2024)

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What is Lowe's Short-Term Capital Lease Obligation?

Lowe's's Short-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$2,395 Mil.

Lowe's's quarterly Short-Term Capital Lease Obligation increased from Jul. 2023 (R$2,563 Mil) to Oct. 2023 (R$2,695 Mil) but then declined from Oct. 2023 (R$2,695 Mil) to Jan. 2024 (R$2,395 Mil).

Lowe's's annual Short-Term Capital Lease Obligation declined from Jan. 2022 (R$3,517 Mil) to Jan. 2023 (R$2,710 Mil) and declined from Jan. 2023 (R$2,710 Mil) to Jan. 2024 (R$2,395 Mil).

Lowe's Short-Term Capital Lease Obligation Historical Data

The historical data trend for Lowe's's Short-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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Lowe's Short-Term Capital Lease Obligation Chart

Lowe's Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Short-Term Capital Lease Obligation

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2,079.75

2,903.71

3,517.08

2,710.33

2,395.16

Lowe's Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,710.33	2,636.29	2,563.47	2,694.80	2,395.16

Lowe's Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Lowe's Short-Term Capital Lease Obligation Related Terms

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Lowe's (BSP:LOWC34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lowe's Companies Inc (BSP:LOWC34) » Definitions » Short-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

LOW:USA LOW:Mexico LWE:Germany

Address

1000 Lowes Boulevard, Mooresville, NC, USA, 28117

Website

https://www.lowes.com

Lowe's is the second-largest home improvement retailer in the world, operating more than 1,700 stores in the United States, after the 2023 divestiture of its Canadian locations (RONA, Lowe's Canada, Réno-Dépôt, and Dick's Lumber). The firm's stores offer products and services for home decorating, maintenance, repair, and remodeling, with maintenance and repair accounting for two thirds of products sold. Lowe's targets retail do-it-yourself (around 75% of sales) and do-it-for-me customers as well as commercial and professional business clients (around 25% of sales). We estimate Lowe's captures a low-double-digit share of the domestic home improvement market, based on U.S. Census data and management's market size estimates.

Lowe's (BSP:LOWC34) Headlines

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