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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Long-Term Capital Lease Obligation : $3,111 Mil (As of Dec. 2023)


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What is Jeronimo Martins SGPS Long-Term Capital Lease Obligation?

Jeronimo Martins SGPS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,111 Mil.

Jeronimo Martins SGPS's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($2,867 Mil) to Sep. 2023 ($2,823 Mil) but then increased from Sep. 2023 ($2,823 Mil) to Dec. 2023 ($3,111 Mil).

Jeronimo Martins SGPS's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($2,252 Mil) to Dec. 2022 ($2,381 Mil) and increased from Dec. 2022 ($2,381 Mil) to Dec. 2023 ($3,111 Mil).


Jeronimo Martins SGPS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Long-Term Capital Lease Obligation Chart

Jeronimo Martins SGPS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,221.44 2,307.79 2,251.98 2,381.36 3,111.23

Jeronimo Martins SGPS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,381.36 2,561.03 2,866.74 2,822.84 3,111.23

Jeronimo Martins SGPS  (OTCPK:JRONY) 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.

Jeronimo Martins SGPS Long-Term Capital Lease Obligation Related Terms

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Jeronimo Martins SGPS (Jeronimo Martins SGPS) Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group has five segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS (Jeronimo Martins SGPS) Headlines

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