Birkenstock Holding (FRA:7PV) Long-Term Capital Lease Obligation : €139 Mil (As of Mar. 2024)

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What is Birkenstock Holding Long-Term Capital Lease Obligation?

Birkenstock Holding's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €139 Mil.

Birkenstock Holding's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€103 Mil) to Dec. 2023 (€124 Mil) and increased from Dec. 2023 (€124 Mil) to Mar. 2024 (€139 Mil).

Birkenstock Holding's annual Long-Term Capital Lease Obligation increased from Sep. 2021 (€77 Mil) to Sep. 2022 (€90 Mil) and increased from Sep. 2022 (€90 Mil) to Sep. 2023 (€103 Mil).

Birkenstock Holding Long-Term Capital Lease Obligation Historical Data

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

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

99.38

76.96

89.91

103.05

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						85.00	99.80	103.05	124.32	139.20

Birkenstock Holding (FRA:7PV) 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.

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Birkenstock Holding (FRA:7PV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (FRA:7PV) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BIRK:USA 7PV:Germany

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (FRA:7PV) Headlines

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