Fossil Group (WBO:FOSL) Long-Term Capital Lease Obligation : €119 Mil (As of Mar. 2024)

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What is Fossil Group Long-Term Capital Lease Obligation?

Fossil Group's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €119 Mil.

Fossil Group's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€133 Mil) to Dec. 2023 (€126 Mil) and declined from Dec. 2023 (€126 Mil) to Mar. 2024 (€119 Mil).

Fossil Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€154 Mil) to Dec. 2022 (€142 Mil) and declined from Dec. 2022 (€142 Mil) to Dec. 2023 (€126 Mil).

Fossil Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Fossil Group'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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Fossil Group Long-Term Capital Lease Obligation Chart

Fossil Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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259.82

189.58

154.45

141.78

126.22

Fossil Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															131.51	124.66	133.17	126.22	118.80

Fossil Group (WBO:FOSL) 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.

Fossil Group Long-Term Capital Lease Obligation Related Terms

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Fossil Group (WBO:FOSL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fossil Group Inc (WBO:FOSL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

FOSL:USA FSL:Germany

Address

901 S. Central Expressway, Richardson, TX, USA, 75080

Website

https://www.fossilgroup.com

Fossil Group Inc is a design, innovation and distribution company in consumer fashion accessories. The products include traditional watches, smartwatches, jewelry, handbags, small leather goods, belts and sunglasses. The reportable segments are comprised of 1) Americas segment includes sales in Canada, Latin America and the United States. 2) Europe segment includes sales in European countries, the Middle East and Africa. 3) Asia segment includes sales in Australia, China, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, South Korea and Thailand. Each reportable operating segment includes sales to wholesale and distributor customers, and sales through Company-owned retail stores and e-commerce activities based on the location of the selling entity.