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DFS Furniture (LSE:DFS) Long-Term Capital Lease Obligation : £325 Mil (As of Dec. 2023)


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What is DFS Furniture Long-Term Capital Lease Obligation?

DFS Furniture's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £325 Mil.

DFS Furniture's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (£334 Mil) to Jun. 2023 (£327 Mil) and declined from Jun. 2023 (£327 Mil) to Dec. 2023 (£325 Mil).

DFS Furniture's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (£366 Mil) to Jun. 2022 (£356 Mil) and declined from Jun. 2022 (£356 Mil) to Jun. 2023 (£327 Mil).


DFS Furniture Long-Term Capital Lease Obligation Historical Data

The historical data trend for DFS Furniture'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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DFS Furniture Long-Term Capital Lease Obligation Chart

DFS Furniture Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.20 428.60 366.00 356.40 327.30

DFS Furniture Semi-Annual Data
Jul13 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 371.70 356.40 333.50 327.30 325.40

DFS Furniture  (LSE:DFS) 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.

DFS Furniture Long-Term Capital Lease Obligation Related Terms

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DFS Furniture (LSE:DFS) Business Description

Traded in Other Exchanges
Address
Adwick-le-Street, 1 Rockingham Way, Redhouse Interchange, Doncaster, South Yorkshire, GBR, DN6 7NA
DFS Furniture PLC is an upholstery retailer in the United Kingdom. It is engaged in designing, manufacturing, selling, delivering and installing a range of sofas, and other upholstered and furniture products. The company's segment includes DFS; Sofology and others. It generates maximum revenue from the DFS segment. DFS segment includes the retailing of upholstered furniture and related products through DFS and Dwell branded stores and websites.