SPH (Suburban Propane Partners LP) Long-Term Capital Lease Obligation : $94 Mil (As of Mar. 2025)

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What is Suburban Propane Partners LP Long-Term Capital Lease Obligation?

Suburban Propane Partners LP's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $94 Mil.

Suburban Propane Partners LP's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($104 Mil) to Dec. 2024 ($102 Mil) and declined from Dec. 2024 ($102 Mil) to Mar. 2025 ($94 Mil).

Suburban Propane Partners LP's annual Long-Term Capital Lease Obligation increased from Sep. 2022 ($104 Mil) to Sep. 2023 ($108 Mil) but then declined from Sep. 2023 ($108 Mil) to Sep. 2024 ($104 Mil).

Suburban Propane Partners LP Long-Term Capital Lease Obligation Historical Data

The historical data trend for Suburban Propane Partners LP'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.

Suburban Propane Partners LP Long-Term Capital Lease Obligation Chart

Suburban Propane Partners LP Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Long-Term Capital Lease Obligation

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92.67

98.53

103.67

108.50

103.80

Suburban Propane Partners LP Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	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															112.50	109.10	103.80	101.61	93.67

Suburban Propane Partners LP (NYSE:SPH) 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.

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Suburban Propane Partners LP Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Suburban Propane Partners LP (NYSE:SPH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

240 Route 10 West, P.O. Box 206, Whippany, NJ, USA, 07981

Website

https://www.suburbanpropane.com

Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.

Executives

Logan Harold R Jr	director
Douglas Brinkworth	officer: Vice President, Product Supply	C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Schueler	officer: Vice President-Product Supply	C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Terence J Connors	director	C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Matthew J Chanin	director	C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
A Davin Dambrosio	officer: Treasurer	C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Jane Swift	director	C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Neil Scanlon	officer: Vice President	C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Stivala	officer: Controller	C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Nandini Sankara	officer: VP Mark. & Brand Strategy	240 ROUTE 10 WEST, WHIPPANY NJ 07981
Samuel Hodges	officer: Vice President-Area Operations	240 ROUTE 10 WEST, WHIPPANY NJ 07981
Brent Stubbs	officer: VP - Area Operations	240 ROUTE 10 WEST, WHIPPANY NJ 07981
Alejandro Centeno	officer: VP, Operations	240 ROUTE 10 WEST, WHIPPANY NJ 07981
Rommel Oates	director	240 ROUTE 10 WEST, WHIPPANY NJ 07981
Amy Adams	director	240 ROUTE 10 WEST, WHIPPANY NJ 07981