Lojas Renner (BSP:LREN3) Long-Term Capital Lease Obligation : R$2,009 Mil (As of Dec. 2023)

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What is Lojas Renner Long-Term Capital Lease Obligation?

Lojas Renner's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$2,009 Mil.

Lojas Renner's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (R$2,066 Mil) to Sep. 2023 (R$2,012 Mil) and declined from Sep. 2023 (R$2,012 Mil) to Dec. 2023 (R$2,009 Mil).

Lojas Renner's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R$1,995 Mil) to Dec. 2022 (R$2,190 Mil) but then declined from Dec. 2022 (R$2,190 Mil) to Dec. 2023 (R$2,009 Mil).

Lojas Renner Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lojas Renner'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.

Lojas Renner Long-Term Capital Lease Obligation Chart

Lojas Renner Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,291.68

1,365.80

1,994.94

2,190.08

2,008.95

Lojas Renner 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															2,190.08	2,079.57	2,065.62	2,011.77	2,008.95

Lojas Renner (BSP:LREN3) 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.

Lojas Renner Long-Term Capital Lease Obligation Related Terms

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Lojas Renner (BSP:LREN3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Lojas Renner SA (BSP:LREN3) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

LRENY:USA

Address

Avenida Joaquim Porto Villanova, 401, Porto Alegre, RS, BRA, 91410-400

Website

https://www.lojasrenner.com.br

Lojas Renner SA is a retailer that operates stores under brand names including Renner, Camicado, and Youcom. Renner and Youcom stores sell clothing, sports articles, accessories, and cosmetics. Camicado sells houseware and home decor products, including appliances, towels and linen, and kitchen products. Lojas retail segment provides the vast majority of the company's revenue. The company also has a financial products segment that offers credit cards to its customers. Nearly all of the company's stores and sales are in Brazil.

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