Shoprite Holdings (FRA:HY7) Long-Term Capital Lease Obligation : €1,684 Mil (As of Dec. 2023)

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What is Shoprite Holdings Long-Term Capital Lease Obligation?

Shoprite Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,684 Mil.

Shoprite Holdings's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (€1,621 Mil) to Jun. 2023 (€1,599 Mil) but then increased from Jun. 2023 (€1,599 Mil) to Dec. 2023 (€1,684 Mil).

Shoprite Holdings's annual Long-Term Capital Lease Obligation increased from Jun. 2021 (€1,480 Mil) to Jun. 2022 (€1,702 Mil) but then declined from Jun. 2022 (€1,702 Mil) to Jun. 2023 (€1,599 Mil).

Shoprite Holdings Long-Term Capital Lease Obligation Historical Data

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

Shoprite Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

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1,162.48

1,045.23

1,479.53

1,702.33

1,599.42

Shoprite Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,502.57	1,702.33	1,621.13	1,599.42	1,683.62

Shoprite Holdings (FRA:HY7) 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.

Shoprite Holdings Long-Term Capital Lease Obligation Related Terms

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Shoprite Holdings (FRA:HY7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Shoprite Holdings Ltd (FRA:HY7) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

SHOPRITE:Zambia SHP:South Africa SRHGF:USA SRGHY:USA SRH:Namibia

Address

Cnr William Dabs Street and Old Paarl Road, Brackenfell, WC, ZAF, 7560

Website

https://www.shopriteholdings.co.za

Shoprite Holdings Ltd is part of The Shoprite Group of Companies, an African food retailer, which operates in countries across Africa and the Indian Ocean Islands. The primary business is food retailing. Besides food retailing, the company is operating in furniture, house products, fast foods, pharmacies, and liquor business segments. The company is targeting consumers at all income levels. The Checkers, Checkers Hyper, and House & Home stores address higher-income groups, while Shoprite Usave focuses on the lower end of the market. Shoprite and OK Furniture offer products for the middle- to lower-income market. The company's reportable segment includes, Supermarkets RSA, Supermarkets Non-RSA, Furniture and Other operating segment.

Shoprite Holdings (FRA:HY7) Headlines

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