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WH Smith (LSE:SMWH) Long-Term Capital Lease Obligation : £478 Mil (As of Feb. 2024)


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What is WH Smith Long-Term Capital Lease Obligation?

WH Smith's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was £478 Mil.

WH Smith's quarterly Long-Term Capital Lease Obligation declined from Feb. 2023 (£464 Mil) to Aug. 2023 (£450 Mil) but then increased from Aug. 2023 (£450 Mil) to Feb. 2024 (£478 Mil).

WH Smith's annual Long-Term Capital Lease Obligation increased from Aug. 2021 (£362 Mil) to Aug. 2022 (£446 Mil) and increased from Aug. 2022 (£446 Mil) to Aug. 2023 (£450 Mil).


WH Smith Long-Term Capital Lease Obligation Historical Data

The historical data trend for WH Smith'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.

WH Smith Long-Term Capital Lease Obligation Chart

WH Smith Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 429.00 362.00 446.00 450.00

WH Smith Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 356.00 446.00 464.00 450.00 478.00

WH Smith  (LSE:SMWH) 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.

WH Smith Long-Term Capital Lease Obligation Related Terms

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WH Smith (LSE:SMWH) Business Description

Industry
Traded in Other Exchanges
Address
Greenbridge Road, Swindon, Wiltshire, GBR, SN3 3RX
WH Smith PLC is a U.K. retailer selling a wide range of products. Its two core business segments are travel and high street. WHSmith's travel stores offer products such as food, drink, publications, books, and tech accessories and other products to travelers. This segment operates predominantly in airports, railway stations, hospitals, and workplaces across Europe, Australia, the Middle East, Southeast Asia, and India. The high street segment operates stores in the United Kingdom, predominantly on the U.K. high street. The high street segment sells products into the following categories: stationery, books, newspapers, magazines, and confectionery. WH Smith also has an online retail business that sells a range of books, stationery, magazines, and gifts through its websites.

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