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DSITF (Currys) Long-Term Capital Lease Obligation : $956 Mil (As of Oct. 2024)


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What is Currys Long-Term Capital Lease Obligation?

Currys's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2024 was $956 Mil.

Currys's quarterly Long-Term Capital Lease Obligation declined from Oct. 2023 ($1,179 Mil) to Apr. 2024 ($1,003 Mil) and declined from Apr. 2024 ($1,003 Mil) to Oct. 2024 ($956 Mil).

Currys's annual Long-Term Capital Lease Obligation declined from Apr. 2022 ($1,367 Mil) to Apr. 2023 ($1,270 Mil) and declined from Apr. 2023 ($1,270 Mil) to Apr. 2024 ($1,003 Mil).


Currys Long-Term Capital Lease Obligation Historical Data

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

Currys Annual Data
Trend Mar14 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,473.29 1,537.40 1,367.40 1,270.24 1,002.50

Currys Semi-Annual Data
Mar14 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 1,161.00 1,270.24 1,179.05 1,002.50 955.67

Currys  (OTCPK:DSITF) 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.

Currys Long-Term Capital Lease Obligation Related Terms

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Currys Business Description

Industry
Traded in Other Exchanges
Address
1 Portal Way, London, GBR, W3 6RS
Currys PLC is an omnichannel retailer of technology products and services with stores across countries. The company's segment include: UK & Ireland: comprises the operations of Currys, iD Mobile and B2B operations; and Nordics; operates both franchise and own stores in Norway, Sweden, Finland and Denmark with further franchise operations in Iceland, Greenland and the Faroe Islands. UK & Ireland and Nordics are involved in the sale of consumer electronics and mobile technology products and services, through stores or online channels. It derives maximum revenue from UK & Ireland.

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