Kitwave Group (LSE:KITW) Long-Term Capital Lease Obligation : £26.3 Mil (As of Oct. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Kitwave Group Long-Term Capital Lease Obligation?

Kitwave Group's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2023 was £26.3 Mil.

Kitwave Group's quarterly Long-Term Capital Lease Obligation increased from Oct. 2022 (£23.2 Mil) to Apr. 2023 (£24.1 Mil) and increased from Apr. 2023 (£24.1 Mil) to Oct. 2023 (£26.3 Mil).

Kitwave Group's annual Long-Term Capital Lease Obligation increased from Oct. 2021 (£19.9 Mil) to Oct. 2022 (£23.2 Mil) and increased from Oct. 2022 (£23.2 Mil) to Oct. 2023 (£26.3 Mil).

Kitwave Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kitwave Group'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.

Kitwave Group Long-Term Capital Lease Obligation Chart

Kitwave Group Annual Data

Trend

Apr18

Apr19

Oct21

Oct22

Oct23

Long-Term Capital Lease Obligation

1.84

3.14

19.92

23.24

26.27

Kitwave Group Semi-Annual Data
	Apr18	Apr19	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			19.92	24.10	23.24	24.09	26.27

Kitwave Group (LSE:KITW) 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.

Kitwave Group Long-Term Capital Lease Obligation Related Terms

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

Kitwave Group (LSE:KITW) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kitwave Group PLC (LSE:KITW) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

8R9:Germany

Address

Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ

Website

https://www.kitwave.co.uk

Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

Kitwave Group (LSE:KITW) Headlines

No Headlines