URBN (Urban Outfitters) Long-Term Capital Lease Obligation : $879 Mil (As of Oct. 2024)

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What is Urban Outfitters Long-Term Capital Lease Obligation?

Urban Outfitters's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2024 was $879 Mil.

Urban Outfitters's quarterly Long-Term Capital Lease Obligation increased from Apr. 2024 ($850 Mil) to Jul. 2024 ($875 Mil) and increased from Jul. 2024 ($875 Mil) to Oct. 2024 ($879 Mil).

Urban Outfitters's annual Long-Term Capital Lease Obligation declined from Jan. 2022 ($951 Mil) to Jan. 2023 ($885 Mil) and declined from Jan. 2023 ($885 Mil) to Jan. 2024 ($852 Mil).

Urban Outfitters Long-Term Capital Lease Obligation Historical Data

The historical data trend for Urban Outfitters'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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Urban Outfitters Long-Term Capital Lease Obligation Chart

Urban Outfitters Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Long-Term Capital Lease Obligation

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1,137.50

1,074.01

951.08

884.70

851.85

Urban Outfitters 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															857.79	851.85	849.92	875.17	879.36

Urban Outfitters (NAS:URBN) 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.

Urban Outfitters Long-Term Capital Lease Obligation Related Terms

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Urban Outfitters Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Urban Outfitters Inc (NAS:URBN) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

UOF:Germany UOF:Germany URBN:Argentina

Address

5000 South Broad Street, Philadelphia, PA, USA, 19112-1495

Website

https://www.urbn.com

Founded in 1970, Philadelphia-based Urban Outfitters is an apparel and home goods retailer that operates more than 700 stores and e-commerce in the United States (87.5% of fiscal 2024 sales) and other regions. Its retail nameplates are Urban Outfitters, Free People, FP Movement, and Anthropologie. Retail accounted for 91% of fiscal 2024 revenue, but the firm also sells products through a wholesale operation, owns some restaurants, and operates a clothing rental and resale business called Nuuly (5% of sales). Urban Outfitters primarily markets to young adults and offers products in categories such as apparel (66% of sales), home goods (16% of sales), accessories (13% of sales), and more.

Executives

Tricia D Smith	officer: Global CEO Anthropologie	C/O URBAN OUTFITTERS INC, 5000 SOUTH BROAD STREET, PHILADELPHIA X1 19112
Cherken Harry S Jr	director	5000 SOUTH BROAD STREET, PHILADELLPHIA PA 19112
Azeez Hayne	officer: General Counsel and Secretary	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19147
Melanie Marein-efron	officer: Chief Financial Officer	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Todd R Morgenfeld	director	C/O PINTEREST, INC., 651 BRANNAN STREET, SAN FRANCISCO CA 94107
Wesley S Mcdonald	director
Frank Conforti	officer: Controller	5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Mary Egan	director	520 ZANG STREET, SUITE D, BROOMFIELD CO 80021
Kotzman Kelly Campbell	director	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Margaret Hayne	officer: President, Free People	C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Edward N Antoian	director	415 LANTERN LANE, BERWYN PA 19312
Sheila B. Harrington	officer: Global CEO, UO & FP Groups	C/O 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Amin N. Maredia	director	11811 N. TATUM BOULEVARD SUITE 2400, PHOENIX AZ 85028
John Champlin Mulliken	director	C/O 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Trish Donnelly	officer: Urban Outfitters NA Brand Pres	C/O PVH CORP., 200 MADISON AVENUE, NEW YORK NY 10016