MAKSF (Marks & Spencer Group) Long-Term Capital Lease Obligation : $2,583 Mil (As of Mar. 2025)

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What is Marks & Spencer Group Long-Term Capital Lease Obligation?

Marks & Spencer Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $2,583 Mil.

Marks & Spencer Group's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 ($2,530 Mil) to Sep. 2024 ($0 Mil) but then increased from Sep. 2024 ($0 Mil) to Mar. 2025 ($2,583 Mil).

Marks & Spencer Group's annual Long-Term Capital Lease Obligation increased from Mar. 2023 ($2,506 Mil) to Mar. 2024 ($2,530 Mil) and increased from Mar. 2024 ($2,530 Mil) to Mar. 2025 ($2,583 Mil).

Marks & Spencer Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Marks & Spencer 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.

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Marks & Spencer Group Long-Term Capital Lease Obligation Chart

Marks & Spencer Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Long-Term Capital Lease Obligation

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3,032.59

2,738.47

2,505.95

2,530.11

2,583.20

Marks & Spencer Group Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,505.95	-	2,530.11	-	2,583.20

Marks & Spencer Group (OTCPK:MAKSF) 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.

Marks & Spencer Group Long-Term Capital Lease Obligation Related Terms

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Marks & Spencer Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks & Spencer Group PLC (OTCPK:MAKSF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

MAKSY:USA MKSl:UK MKS:UK MA6:Germany MA6:Germany MA6:Germany

Address

35 North Wharf Road, Waterside House, London, GBR, W2 1NW

Website

https://www.marksandspencer.com

Marks & Spencer is a British multichannel retailer with stores across Europe, Asia, and the Middle East. The majority of revenue stems from the firm's UK operations, selling predominantly own-brand food, clothing, and home merchandise. The food segment includes value products (dairy, poultry, meat, fresh produce), ready-made meals, and healthy items. The clothing and home division sells womenswear, lingerie, menswear, kidswear, beauty, and home products. The remaining revenue comes from international sales, where M&S sells through a mix of own stores, franchises, and online channels.In 2020, the firm entered into a joint venture, purchasing 50% of grocery e-commerce business Ocado Retail. Ocado is the exclusive online distributor of M&S food within the UK.