Krispy Kreme (FRA:9YM) Long-Term Capital Lease Obligation : €418 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Krispy Kreme Long-Term Capital Lease Obligation?

Krispy Kreme's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €418 Mil.

Krispy Kreme's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€414 Mil) to Dec. 2023 (€417 Mil) and increased from Dec. 2023 (€417 Mil) to Mar. 2024 (€418 Mil).

Krispy Kreme's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€367 Mil) to Dec. 2022 (€390 Mil) and increased from Dec. 2022 (€390 Mil) to Dec. 2023 (€417 Mil).

Krispy Kreme Long-Term Capital Lease Obligation Historical Data

The historical data trend for Krispy Kreme'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.

* Premium members only.

Krispy Kreme Long-Term Capital Lease Obligation Chart

Krispy Kreme Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

319.39

309.15

367.46

389.64

416.85

Krispy Kreme Quarterly Data
	Dec18	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														428.84	432.40	413.90	416.85	417.92

Krispy Kreme (FRA:9YM) 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.

Krispy Kreme Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Krispy Kreme's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Krispy Kreme (FRA:9YM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Krispy Kreme Inc (FRA:9YM) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

DNUT:USA

Address

2116 Hawkins Street, Charlotte, NC, USA, 28203

Website

https://www.krispykreme.com

Krispy Kreme Inc is a sweet treat brands company. The company's Original Glazed doughnut is recognized for its hot-off-the-line, melt-in- your-mouth experience. It operates in 30 countries through its network of fresh Doughnut Shops, partnerships with retailers, and a growing ecommerce and delivery business. The company conducts its business through the following three reported segments namely U.S. and Canada, includes all operations in the U.S. and Canada, Insomnia Cookies shops, and the Branded Sweet Treat Line; International includes operations in the U.K., Ireland, Australia, New Zealand, and Mexico; and Market Development includes franchise operations across the globe, as well as operations in Japan.

Krispy Kreme (FRA:9YM) Headlines

No Headlines