Next (LSE:NXT) Long-Term Capital Lease Obligation : £844 Mil (As of Jan. 2025)

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What is Next Long-Term Capital Lease Obligation?

Next's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was £844 Mil.

Next's quarterly Long-Term Capital Lease Obligation declined from Jan. 2024 (£870 Mil) to Jul. 2024 (£829 Mil) but then increased from Jul. 2024 (£829 Mil) to Jan. 2025 (£844 Mil).

Next's annual Long-Term Capital Lease Obligation declined from Jan. 2023 (£877 Mil) to Jan. 2024 (£870 Mil) and declined from Jan. 2024 (£870 Mil) to Jan. 2025 (£844 Mil).

Next Long-Term Capital Lease Obligation Historical Data

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

Next Annual Data

Trend

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Jan25

Long-Term Capital Lease Obligation

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1,015.80

894.90

877.10

869.90

843.60

Next Semi-Annual Data
	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24	Jan25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															877.10	840.40	869.90	828.90	843.60

Next (LSE:NXT) 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.

Next Long-Term Capital Lease Obligation Related Terms

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Next PLC (LSE:NXT) » Definitions » Long-Term Capital Lease Obligation

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NXGPY:USA NXGPF:USA NXTl:UK NXG:Germany

Address

Desford Road, Enderby, Leicester, GBR, LE19 4AT

Website

https://www.nextplc.co.uk

Next PLC operates as a retailer, specializing in the sale of clothing, footwear, accessories, and home products. A portion of the company's product offerings comprises items bearing the Next brand. Additionally, the majority of the company's remaining sales occur through retail stores located outside the United Kingdom, which it franchises. The company's segments encompass NEXT Online, NEXT Finance, NEXT Retail, and Other Business Activities. A substantial portion of the company's revenue is derived from customers within the United Kingdom; however, its presence extends to regions such as the Rest of Europe, the Middle East, Asia, and the Rest of the World.