Tuesday Morning (STU:TDMA) Long-Term Capital Lease Obligation : €121.8 Mil (As of Sep. 2022)

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What is Tuesday Morning Long-Term Capital Lease Obligation?

Tuesday Morning's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2022 was €121.8 Mil.

Tuesday Morning's quarterly Long-Term Capital Lease Obligation increased from Mar. 2022 (€109.6 Mil) to Jun. 2022 (€109.7 Mil) and increased from Jun. 2022 (€109.7 Mil) to Sep. 2022 (€121.8 Mil).

Tuesday Morning's annual Long-Term Capital Lease Obligation declined from Jun. 2020 (€324.9 Mil) to Jun. 2021 (€129.7 Mil) and declined from Jun. 2021 (€129.7 Mil) to Jun. 2022 (€109.7 Mil).

Tuesday Morning Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tuesday Morning'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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Tuesday Morning Long-Term Capital Lease Obligation Chart

Tuesday Morning Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Long-Term Capital Lease Obligation

324.93

129.68

109.67

Tuesday Morning Quarterly Data
	Jun19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial								124.55	120.52	109.61	109.67	121.77

Tuesday Morning (STU:TDMA) 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.

Tuesday Morning Long-Term Capital Lease Obligation Related Terms

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Tuesday Morning (STU:TDMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Tuesday Morning Corp (STU:TDMA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

6250 LBJ Freeway, Dallas, TX, USA, 75240

Website

https://www.tuesdaymorning.com

Tuesday Morning Corp is a retail chain company. It specializes in both domestic and international closeouts of medium to high-end name brand gifts, luxury home textiles, home furnishings, housewares and seasonal decor.

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