Farmer Bros Co (FRA:FB1) Long-Term Capital Lease Obligation : €16.6 Mil (As of Mar. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Farmer Bros Co Long-Term Capital Lease Obligation?

Farmer Bros Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €16.6 Mil.

Farmer Bros Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€15.5 Mil) to Dec. 2023 (€16.1 Mil) and increased from Dec. 2023 (€16.1 Mil) to Mar. 2024 (€16.6 Mil).

Farmer Bros Co's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (€17.1 Mil) to Jun. 2022 (€20.0 Mil) but then declined from Jun. 2022 (€20.0 Mil) to Jun. 2023 (€16.1 Mil).

Farmer Bros Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Farmer Bros Co'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.

Farmer Bros Co Long-Term Capital Lease Obligation Chart

Farmer Bros Co Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.03

13.89

17.11

20.03

16.09

Farmer Bros Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															17.80	16.09	15.50	16.07	16.55

Farmer Bros Co (FRA:FB1) 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.

Farmer Bros Co Long-Term Capital Lease Obligation Related Terms

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

Farmer Bros Co (FRA:FB1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Farmer Bros Co (FRA:FB1) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

FARM:USA

Address

1912 Farmer Brothers Drive, Northlake, TX, USA, 76262

Website

https://www.farmerbros.com

Farmer Bros Co is engaged in manufacturing, wholesaling, and distributing coffee, tea, and culinary products to food-service establishments and retailers in the United States. The company's customers include restaurants, hotels, offices, casinos, convenience stores, healthcare facilities, and other food-service providers. The company's product categories consist of roast and ground coffee, frozen liquid coffee, flavoured and unflavored iced and hot teas, culinary products, spices, and other beverages including cappuccino, cocoa, granitas, and ready-to-drink iced coffee. The products are sold under the brands of Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, and China Mist.

Farmer Bros Co (FRA:FB1) Headlines

No Headlines