BFH (Bread Financial Holdings) Long-Term Capital Lease Obligation : $0 Mil (As of Sep. 2024)

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What is Bread Financial Holdings Long-Term Capital Lease Obligation?

Bread Financial Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0 Mil.

Bread Financial Holdings's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($140 Mil) to Dec. 2022 ($126 Mil) but then increased from Dec. 2022 ($126 Mil) to Dec. 2023 ($148 Mil).

Bread Financial Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Bread Financial 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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Bread Financial Holdings Long-Term Capital Lease Obligation Chart

Bread Financial Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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172.00

140.00

126.00

148.00

Bread Financial Holdings Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	148.00	-	-	-

Bread Financial Holdings (NYSE:BFH) 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.

Bread Financial Holdings Long-Term Capital Lease Obligation Related Terms

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Bread Financial Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Bread Financial Holdings Inc (NYSE:BFH) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BFH:Mexico 0HCR:UK LID:Germany LID:Germany A1LL34:Brazil

Address

3095 Loyalty Circle, Columbus, OH, USA, 43219

Website

https://www.breadfinancial.com

Formed by a combination of JCPenney's credit card processing unit and The Limited's credit card bank business, Bread Financial is a provider of private label and co-branded credit cards, loyalty programs, and marketing services. The company's most financially significant unit is its credit card business that partners with retailers to jointly market Bread's credit cards to their customers. The company also retains minority interest in its recently spun-off LoyaltyOne division, which operates the largest airline miles loyalty program in Canada and offers marketing services to grocery chains in Europe and Asia.

Executives

Turtle Creek Asset Management Inc.	10 percent owner	SCOTIA PLAZA, 40 KING STREET WEST, SUITE 5100, TORONTO A6 M5H 3Y2
Roger H Ballou	director	C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Clair Joyce St	director	50 S LA SALLE ST, CHICAGO IL 60603
Valerie E Greer	officer: EVP, Chief Comm'l Off'r, Card	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Perry S Beberman	officer: EVP, Chief Financial Officer	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Ralph J Andretta	director, officer: President and CEO	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Timothy J Theriault	director	50 LA SALLE STREET, CHICAGO IL 60675
John C Gerspach	director	C/O CORPORATE LAW DEP'T, CITIGOUP INC., 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Jonathan Bryan Campbell	officer: SVP, Chief Acctg. Officer	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Laurie Anne Tucker	director	65 MARYS CREEK COVE NORTH, EADS TN 38028
Rajesh Natarajan	director	7500 DALLAS PARKWAY, SUITE 700, PLANO TX 75024
Sharen J Turney	director	THREE LIMITED PARKWAY, COLUMBUS OH 43230
Karin Kimbrough	director	C/O FANNIE MAE, 1100 15TH STREET NW, WASHINGTON DC 20005
Charles L Horn	officer: EVP & Senior Advisor	BUILDERS FIRSTSOURCE INC., 2001 BRYAN STREET, SUITE 1600, DALLAS TX 75201
Laura Santillan	officer: SVP, Chief Acctg. Officer	17655 WATERVIEW PARKWAY, DALLAS TX 75252