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Sainsbury (J) (Sainsbury (J)) Long-Term Capital Lease Obligation : $6,110 Mil (As of Feb. 2024)


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What is Sainsbury (J) Long-Term Capital Lease Obligation?

Sainsbury (J)'s Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was $6,110 Mil.

Sainsbury (J)'s quarterly Long-Term Capital Lease Obligation increased from Feb. 2023 ($5,986 Mil) to Aug. 2023 ($6,276 Mil) but then declined from Aug. 2023 ($6,276 Mil) to Feb. 2024 ($6,110 Mil).

Sainsbury (J)'s annual Long-Term Capital Lease Obligation increased from Feb. 2021 ($7,365 Mil) to Feb. 2022 ($8,248 Mil) but then declined from Feb. 2022 ($8,248 Mil) to Feb. 2023 ($5,986 Mil).


Sainsbury (J) Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sainsbury (J)'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.

Sainsbury (J) Long-Term Capital Lease Obligation Chart

Sainsbury (J) Annual Data
Trend Mar14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,898.44 6,818.65 7,364.77 8,247.63 5,985.51

Sainsbury (J) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Feb23 Aug23 Feb24
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 7,917.58 8,030.30 5,985.51 6,275.73 6,109.85

Sainsbury (J)  (OTCPK:JSNSF) 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.

Sainsbury (J) Long-Term Capital Lease Obligation Related Terms

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Sainsbury (J) (Sainsbury (J)) Business Description

Traded in Other Exchanges
Address
33 Holborn, London, GBR, EC1N 2HT
Founded in 1869, Sainsbury's is the second-largest U.K. grocery chain with around 16% market share. It operates around 600 supermarkets and 800 convenience stores, all in the U.K. The company has diversified away from core food by selling clothing, telecom equipment, and other nonfood items. In September 2016, it took a step further into nonfood retailing with the purchase of Home Retail Group, operating the Habitat and Argos chains (general merchandise and electronics stores), for GBP 1.10 billion. It has been selling products online since 1997.

Sainsbury (J) (Sainsbury (J)) Headlines

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