Veste Estilo (BSP:VSTE) Long-Term Capital Lease Obligation : R$113 Mil (As of Dec. 2023)

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What is Veste Estilo Long-Term Capital Lease Obligation?

Veste Estilo's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$113 Mil.

Veste Estilo's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (R$109 Mil) to Sep. 2023 (R$108 Mil) but then increased from Sep. 2023 (R$108 Mil) to Dec. 2023 (R$113 Mil).

Veste Estilo's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R$90 Mil) to Dec. 2022 (R$109 Mil) and increased from Dec. 2022 (R$109 Mil) to Dec. 2023 (R$113 Mil).

Veste Estilo Long-Term Capital Lease Obligation Historical Data

The historical data trend for Veste Estilo'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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Veste Estilo Long-Term Capital Lease Obligation Chart

Veste Estilo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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150.14

108.68

89.61

109.48

113.12

Veste Estilo 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															109.48	106.72	108.96	107.99	113.12

Veste Estilo (BSP:VSTE) 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.

Veste Estilo Long-Term Capital Lease Obligation Related Terms

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Veste Estilo (BSP:VSTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Veste SA Estilo (BSP:VSTE) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020

Website

https://www.veste.com

Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

Veste Estilo (BSP:VSTE) Headlines

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