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The Home Depot (BUE:HD) Long-Term Capital Lease Obligation : ARS5,725,443 Mil (As of Jan. 2024)


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What is The Home Depot Long-Term Capital Lease Obligation?

The Home Depot's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was ARS5,725,443 Mil.

The Home Depot's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (ARS1,636,719 Mil) to Oct. 2023 (ARS2,205,000 Mil) and increased from Oct. 2023 (ARS2,205,000 Mil) to Jan. 2024 (ARS5,725,443 Mil).

The Home Depot's annual Long-Term Capital Lease Obligation increased from Jan. 2022 (ARS549,646 Mil) to Jan. 2023 (ARS1,101,061 Mil) and increased from Jan. 2023 (ARS1,101,061 Mil) to Jan. 2024 (ARS5,725,443 Mil).


The Home Depot Long-Term Capital Lease Obligation Historical Data

The historical data trend for The Home Depot'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.

The Home Depot Long-Term Capital Lease Obligation Chart

The Home Depot Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 303,250.77 450,332.49 549,646.04 1,101,060.91 5,725,442.79

The Home Depot Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,101,060.91 1,098,054.48 1,636,719.27 2,204,999.97 5,725,442.79

The Home Depot  (BUE:HD) 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.

The Home Depot Long-Term Capital Lease Obligation Related Terms

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The Home Depot (BUE:HD) Business Description

Address
2455 Paces Ferry Road, Atlanta, GA, USA, 30339
Home Depot is the world's largest home improvement specialty retailer, operating more than 2,300 warehouse-format stores offering more than 30,000 products in store and 1 million products online in the United States, Canada, and Mexico. Its stores offer numerous building materials, home improvement products, lawn and garden products, and decor products and provide various services, including home improvement installation services and tool and equipment rentals. The acquisition of distributor Interline Brands in 2015 allowed Home Depot to enter the maintenance, repair, and operations business, which has been expanded through the tie-up with HD Supply (2020). Moreover, the additions of the Company Store brought textile exposure to the lineup, while Redi Carpet added multifamily flooring.