Sears Holdings (Sears Holdings) Long-Term Capital Lease Obligation : $424.00 Mil (As of Oct. 2018)

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What is Sears Holdings Long-Term Capital Lease Obligation?

Sears Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Oct. 2018 was $424.00 Mil.

Sears Holdings's quarterly Long-Term Capital Lease Obligation stayed the same from Apr. 2018 ($347.00 Mil) to Jul. 2018 ($347.00 Mil) but then increased from Jul. 2018 ($347.00 Mil) to Oct. 2018 ($424.00 Mil).

Sears Holdings's annual Long-Term Capital Lease Obligation increased from Jan. 2016 ($164.00 Mil) to Jan. 2017 ($235.00 Mil) and increased from Jan. 2017 ($235.00 Mil) to Jan. 2018 ($247.00 Mil).

Sears Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sears Holdings'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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Sears Holdings Long-Term Capital Lease Obligation Chart

Sears Holdings Annual Data

Trend

Jan09

Jan10

Jan11

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Long-Term Capital Lease Obligation

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164.00

235.00

247.00

Sears Holdings Quarterly Data
	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Oct19
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															247.00	347.00	347.00	424.00	-

Sears Holdings (NAS:SHLDW) 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.

Sears Holdings Long-Term Capital Lease Obligation Related Terms

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Sears Holdings (Sears Holdings) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sears Holdings Corp (NAS:SHLDW) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

3333 Beverly Road, Hoffman Estates, IL, USA, 60179

Website

http://www.searsholdings.com

Sears Holdings Corporation is an America-based retailer that integrates the digital and physical shopping experiences for consumers. The company operates through retail store brands Sears and Kmart. Sears provides a broad range of home merchandise, apparel, automotive products and home services through both online and offline channels across the United States, and it owns proprietary brands, including Kenmore, Craftsman, and DieHard. Kmart is a mass merchandising firm, offering quality products to customers through exclusive brands. The majority of the company's revenue comes from the domestic market.