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MBC (MasterBrand) Long-Term Capital Lease Obligation : $52 Mil (As of Mar. 2025)


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What is MasterBrand Long-Term Capital Lease Obligation?

MasterBrand's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $52 Mil.

MasterBrand's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($57 Mil) to Dec. 2024 ($55 Mil) and declined from Dec. 2024 ($55 Mil) to Mar. 2025 ($52 Mil).

MasterBrand's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($41 Mil) to Dec. 2023 ($46 Mil) and increased from Dec. 2023 ($46 Mil) to Dec. 2024 ($55 Mil).


MasterBrand Long-Term Capital Lease Obligation Historical Data

The historical data trend for MasterBrand'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.

MasterBrand Long-Term Capital Lease Obligation Chart

MasterBrand Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 28.30 50.00 40.70 46.30 55.00

MasterBrand Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 45.80 43.80 56.70 55.00 52.20

MasterBrand  (NYSE:MBC) 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.

MasterBrand Long-Term Capital Lease Obligation Related Terms

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MasterBrand Business Description

Traded in Other Exchanges
Address
3300 Enterprise Parkway, Suite 300, Beachwood, OH, USA, 44122
MasterBrand Inc operates as a residential cabinet manufacturer in North America. It offers a comprehensive portfolio of residential cabinetry products for the kitchen, bathroom, and other parts of the home. The firm sells its products throughout the United States and Canada through three primary channels: dealers, retailers and builders.
Executives
Robert Crisci director C/O ROPER TECHNOLOGIES, INC., 6901 PROFESSIONAL PARKWAY, SARASOTA FL 34240
Juliana L Chugg director 1200 WILLOW LAKE BOULEVARD, PO BOX 64683, ST PAUL MN 55164-0683
Mark A. Young officer: VP, Chief Accounting Officer 701 LIMA AVENUE, FINDLAY OH 45840
Ann F Hackett director
Kurt Wanninger officer: EVP & Chief Operations Officer C/O NORCRAFT COMPANIES, INC., 3020 DENMARK AVENUE, SUITE 100, EAGAN MN 55121
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
David D Petratis director 1415 ROSELLE ROAD, PALATINE IL 60067
Andrean Horton officer: EVP, CLO & Secretary 3637 RIDGEWOOD RD, FAIRLAWN X1 44333
Jeffery S. Perry director 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Bruce Alan Kendrick officer: EVP & Chief HR Officer 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Van Doren Martin Scott officer: EVP, Sales 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Andrea Helen Simon officer: EVP & CFO 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Navneet Grewal officer: EVP, Chief Digital & Tech Off. 520 LAKE COOK ROAD, SUITE 300, DEERFIELD IL 60015
Patrick D Hallinan director FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015