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TrueBlue (TrueBlue) Long-Term Capital Lease Obligation : $49 Mil (As of Dec. 2023)


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What is TrueBlue Long-Term Capital Lease Obligation?

TrueBlue's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $49 Mil.

TrueBlue's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($52 Mil) to Sep. 2023 ($52 Mil) and declined from Sep. 2023 ($52 Mil) to Dec. 2023 ($49 Mil).

TrueBlue's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($55 Mil) to Dec. 2022 ($51 Mil) and declined from Dec. 2022 ($51 Mil) to Dec. 2023 ($49 Mil).


TrueBlue Long-Term Capital Lease Obligation Historical Data

The historical data trend for TrueBlue'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.

TrueBlue Long-Term Capital Lease Obligation Chart

TrueBlue 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 28.85 54.80 54.93 50.60 49.43

TrueBlue 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 50.60 50.49 52.41 51.65 49.43

TrueBlue  (NYSE:TBI) 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.

TrueBlue Long-Term Capital Lease Obligation Related Terms

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TrueBlue (TrueBlue) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1015 A Street, Tacoma, WA, USA, 98402
TrueBlue Inc is a provider of staffing and workforce management solutions. The company's reportable segments include PeopleReady offers industrial staffing services. PeopleManagement offers contingent and productivity-based on-site industrial staffing services and PeopleScout offers recruitment process outsourcing, talent advisory services, and managed service provider services. It generates maximum revenue from the PeopleReady segment.
Executives
Kim Harris Jones director THREE LAKES DRIVE, NORTHFIELD IL 60093
Sonita Lontoh director C/O SUNRUN INC., 225 BUSH STREET, SUITE 1400, SAN FRANCISCO CA 94104
Robert C. Kreidler director 1390 ENCLAVE PARKWAY, HOUSTON TX 77077
Richard P. Betori officer: EVP; President - PeopleScout 1015 A STREET, TACOMA WA 98402
Taryn R Owen officer: EVP,President - PeopleScout 1015 A ST, TACOMA WA 98402
Kristi A Savacool director 100 HALF DAY ROAD, LINCOLNSHIRE IL 60069
Paul G Reitz director 1301 FIRST AVENUE, COLUMBUS GA 31901
Carl Schweihs officer: EVP, President - PeopleMgmt 1015 A STREET, TACOMA WA 98402
Kristy A. Fitzsimmons-willis officer: EVP; President - PeopleReady 1015 A STREET, TACOMA WA 98402
Garrett Ferencz officer: EVP, Chief Legal Officer 1015 A STREET, TACOMA WA 98402
William C. Goings director 1015 A ST, TACOMA WA 98402
Derrek Lane Gafford officer: EVP and CFO 1015 A STREET, P.O. BOX 2910, TACOMA WA 98402
Richard Christensen officer: SVP, Chief Accounting Officer 1015 A STREET, TACOMA WA 98402
Steven C Cooper director PO BOX 2910, TACOMA WA 98401-2910
A. Patrick Beharelle officer: CEO 1015 A STREET, TACOMA WA 98402