TCNNF (Trulieve Cannabis) Long-Term Capital Lease Obligation : $320 Mil (As of Mar. 2025)

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What is Trulieve Cannabis Long-Term Capital Lease Obligation?

Trulieve Cannabis's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $320 Mil.

Trulieve Cannabis's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 ($318 Mil) to Dec. 2024 ($321 Mil) but then declined from Dec. 2024 ($321 Mil) to Mar. 2025 ($320 Mil).

Trulieve Cannabis's annual Long-Term Capital Lease Obligation declined from Dec. 2022 ($307 Mil) to Dec. 2023 ($291 Mil) but then increased from Dec. 2023 ($291 Mil) to Dec. 2024 ($321 Mil).

Trulieve Cannabis Long-Term Capital Lease Obligation Historical Data

The historical data trend for Trulieve Cannabis'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.

Trulieve Cannabis Long-Term Capital Lease Obligation Chart

Trulieve Cannabis Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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145.23

362.57

306.94

290.57

320.69

Trulieve Cannabis 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															291.64	298.17	317.64	320.69	319.64

Trulieve Cannabis (OTCPK:TCNNF) 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.

Trulieve Cannabis Long-Term Capital Lease Obligation Related Terms

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Trulieve Cannabis Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Trulieve Cannabis Corp (OTCPK:TCNNF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

T0A:Germany TRUL:Canada

Address

6749 Ben Bostic Road, Quincy, FL, USA, 32351

Website

https://www.trulieve.com

Trulieve Cannabis Corp is a vertically integrated cannabis company that grows, produces, and sells cannabis products. It has licenses to operate in Arizona, Colorado, Connecticut, Florida, Georgia, Maryland, Ohio, Pennsylvania, and West Virginia, where it sells medical cannabis products. In addition, the company sells cannabis products for adult use in Arizona, Colorado, Connecticut, Maryland, and Ohio. The firm's operations are substantially located in Florida and, to a lesser extent, in Arizona and Pennsylvania.

Executives

Timothy E Mullany	officer: Chief Financial Officer	3551 PLANO PARKWAY, THE COLONY TX 75056
Ryan Blust	officer: Chief Financial Officer	6749 BEN BOSTIC ROAD, QUINCY FL 32351
Joy Malivuk	officer: Chief Accounting Officer	6749 BEN BOSTIC ROAD, QUINCY FL 32351
Peter Healy	director	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Rebecca L. Young	officer: Chief Accounting Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Kim A. Rivers	director, 10 percent owner, officer: Chief Executive Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Thomas L Millner	director, 10 percent owner
Thad Beshears	director, 10 percent owner	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Kyle Landrum	officer: Chief Production Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Timothy Morey	officer: Chief Sales Officer	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Eric Powers	officer: GC and Corporate Secretary	C/O TRULIEVE CANNABIS CORP., 6749 BEN BOSTIC ROAD, QUINCY FL 32351
Susan Thronson	director	C/O ANGIE'S LIST, INC., 1030 E. WASHINGTON STREET, INDIANPOLIS IN 46202
Alex D'amico	officer: Chief Financial Officer	10 EAST PASSAIC AVENUE, UNIT C-2, NUTLEY NJ 07110
Giannella Alvarez	director	C/O DOMTAR CORPORATION, 234 KINGSLEY PARK DRIVE, FORT MILL SC 29715
Jane C Morreau	director