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Citi Trends (STU:WW2) Long-Term Capital Lease Obligation : €166.8 Mil (As of Jan. 2025)


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What is Citi Trends Long-Term Capital Lease Obligation?

Citi Trends's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2025 was €166.8 Mil.

Citi Trends's quarterly Long-Term Capital Lease Obligation declined from Jul. 2024 (€168.6 Mil) to Oct. 2024 (€161.4 Mil) but then increased from Oct. 2024 (€161.4 Mil) to Jan. 2025 (€166.8 Mil).

Citi Trends's annual Long-Term Capital Lease Obligation declined from Jan. 2023 (€199.5 Mil) to Jan. 2024 (€173.3 Mil) and declined from Jan. 2024 (€173.3 Mil) to Jan. 2025 (€166.8 Mil).


Citi Trends Long-Term Capital Lease Obligation Historical Data

The historical data trend for Citi Trends'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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Citi Trends Long-Term Capital Lease Obligation Chart

Citi Trends Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 119.73 148.78 199.46 173.33 166.80

Citi Trends Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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 171.92 168.61 161.35 166.80 156.46

Citi Trends  (STU:WW2) 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.

Citi Trends Long-Term Capital Lease Obligation Related Terms

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Citi Trends Business Description

Industry
Traded in Other Exchanges
Address
104 Coleman Boulevard, Savannah, GA, USA, 31408
Citi Trends Inc is a retailer of urban fashion apparel and accessories in the United States. The company offers apparel, including fashion sportswear for men and women, as well as children, such as newborns, infants, toddlers, boys, and girls; accessories comprising handbags, jewelry, footwear, belts, intimate apparel, scrubs, and sleepwear; and functional and decorative home products, as well as beauty products, books and toys.

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