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Dollarama (TSX:DOL) Long-Term Capital Lease Obligation : C$2,126 Mil (As of Oct. 2024)


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What is Dollarama Long-Term Capital Lease Obligation?

Dollarama's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$2,126 Mil.

Dollarama's quarterly Long-Term Capital Lease Obligation increased from Apr. 2024 (C$2,099 Mil) to Jul. 2024 (C$2,121 Mil) and increased from Jul. 2024 (C$2,121 Mil) to Oct. 2024 (C$2,126 Mil).

Dollarama's annual Long-Term Capital Lease Obligation increased from Jan. 2022 (C$1,527 Mil) to Jan. 2023 (C$1,742 Mil) and increased from Jan. 2023 (C$1,742 Mil) to Jan. 2024 (C$1,835 Mil).


Dollarama Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dollarama'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.

Dollarama Long-Term Capital Lease Obligation Chart

Dollarama Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,332.02 1,401.77 1,526.56 1,741.94 1,834.71

Dollarama Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1,822.09 1,834.71 2,098.82 2,120.87 2,126.41

Dollarama  (TSX:DOL) 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.

Dollarama Long-Term Capital Lease Obligation Related Terms

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Dollarama Business Description

Industry
Traded in Other Exchanges
Address
5805 Royalmount Avenue, Montreal, QC, CAN, H4P 0A1
Dollarama is Canada's largest dollar store chain that sells a broad range of everyday consumables and household items at low fixed price points currently capped at CAD 5. General merchandise and consumables make up 90% of total sales, and the rest is from festivity-related seasonal items. The retailer operates close to 1,600 stores across Canada, mostly in convenient locations in metropolitan areas, midsize cities, and small towns. It also holds a 60% stake in South American value retailer Dollarcity, which operates 550 stores across Colombia, Guatemala, El Salvador, and Peru.
Executives
Paul Roche Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Geoffrey Peter Robillard Senior Officer
Nicolas Hien Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
John Assaly Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Stephen Gunn Director
Gregory David Director
John Huw Thomas Director
Jean-philippe Towner Senior Officer
Joshua Bekenstein Director
Johanne Choinière Senior Officer
Nicholas George Nomicos Director
Josée Kouri Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Michael Ross Senior Officer
Lawrence Rossy Director, Senior Officer