HORNBACH Baumarkt AG (HAM:HBM) Long-Term Capital Lease Obligation : €1,262 Mil (As of Feb. 2023)

View and export this data going back to 2015. Start your Free Trial

What is HORNBACH Baumarkt AG Long-Term Capital Lease Obligation?

HORNBACH Baumarkt AG's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2023 was €1,262 Mil.

HORNBACH Baumarkt AG's quarterly Long-Term Capital Lease Obligation increased from Nov. 2021 (€1,146 Mil) to Feb. 2022 (€1,185 Mil) and increased from Feb. 2022 (€1,185 Mil) to Feb. 2023 (€1,262 Mil).

HORNBACH Baumarkt AG's annual Long-Term Capital Lease Obligation increased from Feb. 2022 (€1,185 Mil) to Feb. 2023 (€1,262 Mil) but then declined from Feb. 2023 (€1,262 Mil) to Feb. 2024 (€1,255 Mil).

HORNBACH Baumarkt AG Long-Term Capital Lease Obligation Historical Data

The historical data trend for HORNBACH Baumarkt AG'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.

HORNBACH Baumarkt AG Long-Term Capital Lease Obligation Chart

HORNBACH Baumarkt AG Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

1,144.92

1,128.99

1,185.42

1,262.32

1,254.95

HORNBACH Baumarkt AG Quarterly Data
	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	Feb23	Feb24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															1,157.00	1,146.00	1,185.42	1,262.32	1,254.95

HORNBACH Baumarkt AG (HAM:HBM) 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.

HORNBACH Baumarkt AG Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of HORNBACH Baumarkt AG's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

HORNBACH Baumarkt AG (HAM:HBM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » HORNBACH Baumarkt AG (HAM:HBM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Hornbachstrasse, Pfalz, Bornheim bei Landau, RP, DEU, 76878

Website

https://www.hornbach-holding.de

HORNBACH Baumarkt AG is a German company that operates megastores and offers do-it-yourself (DIY), home improvement, and gardening products. The company also operates in other European countries, including Austria, the Netherlands, the Czech Republic, Switzerland, and Romania. The company conducts its activities through its Retail and Real estate segments. The Retail segment operates DIY megastores and garden centers, while the Real estate segment focuses on retail properties. The stores' product range includes hardware/electrical, paint/wallpaper/flooring, construction materials, sanitary tiles, and garden products. The majority of the company's sales are derived from its retail segment.