Ultimate Products (CHIX:ULTPL) Long-Term Capital Lease Obligation : £3.0 Mil (As of Jan. 2025)

View and export this data going back to 2017. Start your Free Trial

What is Ultimate Products Long-Term Capital Lease Obligation?

Ultimate Products's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was £3.0 Mil.

Ultimate Products's quarterly Long-Term Capital Lease Obligation declined from Jan. 2024 (£3.9 Mil) to Jul. 2024 (£3.4 Mil) and declined from Jul. 2024 (£3.4 Mil) to Jan. 2025 (£3.0 Mil).

Ultimate Products's annual Long-Term Capital Lease Obligation increased from Jul. 2022 (£1.9 Mil) to Jul. 2023 (£4.3 Mil) but then declined from Jul. 2023 (£4.3 Mil) to Jul. 2024 (£3.4 Mil).

Ultimate Products Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ultimate Products'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.

Ultimate Products Long-Term Capital Lease Obligation Chart

Ultimate Products Annual Data

Trend

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.80

2.03

1.94

4.26

3.44

Ultimate Products Semi-Annual Data
	Apr14	Jul15	Jul16	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial														1.72	4.26	3.87	3.44	3.03

Ultimate Products (CHIX:ULTPl) 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.

Ultimate Products Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Ultimate Products's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Ultimate Products Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ultimate Products PLC (CHIX:ULTPl) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ULTP:UK 3DJ:Germany

Address

Victoria Street, Manor Mill, Chadderton, Oldham, Manchester, GBR, OL9 0DD

Website

https://www.upplc.com

Ultimate Products PLC designs, develops and distributes homeware products across its key brands, including the household names Salter and Beldray. Its other brands include Progress, Kleenez, Petra, Maxim, Russell Hobbs, and Intempo among others. The company sells products across different categories, such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Its products are sold to a broad cross-section of both large national and international multi-channel retailers as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Geographically, the company derives its key revenue from the United Kingdom and the rest from Germany, Rest of Europe, and the Rest of the world.

Ultimate Products Headlines

No Headlines