KB Home (STU:KBH) Long-Term Capital Lease Obligation : €20 Mil (As of Aug. 2024)

View and export this data going back to 2008. Start your Free Trial

What is KB Home Long-Term Capital Lease Obligation?

KB Home's Long-Term Capital Lease Obligation for the quarter that ended in Aug. 2024 was €20 Mil.

KB Home's quarterly Long-Term Capital Lease Obligation declined from Feb. 2024 (€24 Mil) to May. 2024 (€23 Mil) and declined from May. 2024 (€23 Mil) to Aug. 2024 (€20 Mil).

KB Home's annual Long-Term Capital Lease Obligation increased from Nov. 2021 (€26 Mil) to Nov. 2022 (€27 Mil) but then declined from Nov. 2022 (€27 Mil) to Nov. 2023 (€25 Mil).

KB Home Long-Term Capital Lease Obligation Historical Data

The historical data trend for KB Home'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.

KB Home Long-Term Capital Lease Obligation Chart

KB Home Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

31.87

25.65

26.97

24.52

KB Home Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															22.90	24.52	24.15	22.69	19.70

KB Home (STU:KBH) 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.

KB Home Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of KB Home's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

KB Home Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » KB Home (STU:KBH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

KBH:USA KBH:Mexico KBH:Germany

Address

10990 Wilshire Boulevard, Floor 7, Los Angeles, CA, USA, 90024

Website

https://www.kbhome.com

KB Home is an American construction company that focuses on residential construction in United States. The company builds single-family homes and communities across different geographical segments which include West Coast which also derives the majority of the revenue, Southwest, Central, and Southeast. The company operates in several markets and focuses on first-time and move-up homebuyers. It also invests in land acquisition and development to support future building activities and is also engaged in financial services operations which includes providing mortgage banking services through its joint venture with a third party.