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Jumbo (JUMSF) Long-Term Capital Lease Obligation : $76 Mil (As of Jun. 2023)


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What is Jumbo Long-Term Capital Lease Obligation?

Jumbo's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was $76 Mil.

Jumbo's quarterly Long-Term Capital Lease Obligation declined from Jun. 2022 ($83 Mil) to Dec. 2022 ($78 Mil) and declined from Dec. 2022 ($78 Mil) to Jun. 2023 ($76 Mil).

Jumbo's annual Long-Term Capital Lease Obligation declined from Dec. 2020 ($119 Mil) to Dec. 2021 ($93 Mil) and declined from Dec. 2021 ($93 Mil) to Dec. 2022 ($78 Mil).


Jumbo Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jumbo'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.

Jumbo Long-Term Capital Lease Obligation Chart

Jumbo Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 119.33 92.56 77.73

Jumbo Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 107.48 92.56 82.91 77.73 75.62

Jumbo  (OTCPK:JUMSF) 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.

Jumbo Long-Term Capital Lease Obligation Related Terms

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Jumbo (JUMSF) Business Description

Industry
Traded in Other Exchanges
Address
9 Cyprus and Hydras street, Moschato, Attikis, Athens, GRC, 183 46
Jumbo is a Greek retailer of toys, giftware, household products, and stationery. The company operates stores across Greece, Cyprus, Bulgaria, and Romania under the Jumbo brand name, in addition to the e-jumbo online store. The company derives the majority of its revenue domestically. Jumbo reports its sales across seven product types: toys, baby products, stationery, seasonal, home products, haberdashery and similar items, and other. The three most significant product types--home products, seasonal, and toys--collectively contribute the vast majority of revenue, followed by stationery and baby products.

Jumbo (JUMSF) Headlines

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