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Albertsons (FRA:27S) Long-Term Capital Lease Obligation : €5,093 Mil (As of Aug. 2024)


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What is Albertsons Long-Term Capital Lease Obligation?

Albertsons's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2024 was €5,093 Mil.

Albertsons's quarterly Long-Term Capital Lease Obligation declined from Feb. 2024 (€5,456 Mil) to May. 2024 (€5,190 Mil) and declined from May. 2024 (€5,190 Mil) to Aug. 2024 (€5,093 Mil).

Albertsons's annual Long-Term Capital Lease Obligation increased from Feb. 2022 (€5,217 Mil) to Feb. 2023 (€5,444 Mil) and increased from Feb. 2023 (€5,444 Mil) to Feb. 2024 (€5,456 Mil).


Albertsons Long-Term Capital Lease Obligation Historical Data

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

Albertsons Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,489.25 5,027.50 5,216.67 5,443.82 5,455.67

Albertsons Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 5,082.93 5,095.03 5,455.67 5,189.53 5,092.90

Albertsons  (FRA:27S) 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.

Albertsons Long-Term Capital Lease Obligation Related Terms

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Albertsons Business Description

Traded in Other Exchanges
Address
250 Parkcenter Boulevard, Boise, ID, USA, 83706
Albertsons is the second largest supermarket operator in the United States with over 2,200 stores across a variety of banners. About 80% of the firm's sales stem from non-perishable and fresh food, of which 25% comes from its portfolio of private brands. The company operates fuel centers and pharmacies at about 20% and 75% of its store locations, respectively. Albertsons went public in 2020 following years of ownership under private equity firm Cerberus Capital Management, which still owns about a fourth of outstanding shares.

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