Griffon (FRA:GFF) Long-Term Capital Lease Obligation : €132 Mil (As of Mar. 2025)

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What is Griffon Long-Term Capital Lease Obligation?

Griffon's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €132 Mil.

Griffon's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€133 Mil) to Dec. 2024 (€141 Mil) but then declined from Dec. 2024 (€141 Mil) to Mar. 2025 (€132 Mil).

Griffon's annual Long-Term Capital Lease Obligation declined from Sep. 2022 (€161 Mil) to Sep. 2023 (€138 Mil) and declined from Sep. 2023 (€138 Mil) to Sep. 2024 (€133 Mil).

Griffon Long-Term Capital Lease Obligation Historical Data

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

Griffon Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Long-Term Capital Lease Obligation

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110.87

101.42

161.01

137.95

132.78

Griffon Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															133.67	128.82	132.78	140.83	131.88

Griffon (FRA:GFF) 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.

Griffon Long-Term Capital Lease Obligation Related Terms

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Griffon Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Griffon Corp (FRA:GFF) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

GFF:USA

Address

712 Fifth Avenue, 18th Floor, New York, NY, USA, 10019

Website

https://www.griffon.com

Griffon Corp manufactures and markets residential, commercial and industrial garage doors to professional installing dealers and home center retail chains. It also provides non-powered landscaping products for homeowners and professionals. Its operating segments include Consumer and Professional Products: is a provider of branded consumer and professional tools; residential, industrial and commercial fans; home storage and organization products; and Home and Building Products conducts its operations through Clopay Corporation (Clopay). Clopay is the manufacturer and marketer of garage doors and rolling steel doors in North America. The company generates a majority of its revenue from the Home and Building Products segment. Operates in USA, Europe, Canada, Australia, and Others.