Aramark (Aramark) Long-Term Capital Lease Obligation : $244 Mil (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Aramark Long-Term Capital Lease Obligation?

Aramark's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $244 Mil.

Aramark's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($304 Mil) to Sep. 2023 ($292 Mil) and declined from Sep. 2023 ($292 Mil) to Dec. 2023 ($244 Mil).

Aramark's annual Long-Term Capital Lease Obligation declined from Sep. 2021 ($314 Mil) to Sep. 2022 ($306 Mil) and declined from Sep. 2022 ($306 Mil) to Sep. 2023 ($292 Mil).

Aramark Long-Term Capital Lease Obligation Historical Data

The historical data trend for Aramark'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.

Aramark Long-Term Capital Lease Obligation Chart

Aramark Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

341.67

314.38

305.62

291.96

Aramark Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															301.96	310.01	304.37	291.96	244.42

Aramark (NYSE:ARMK) 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.

Aramark Long-Term Capital Lease Obligation Related Terms

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

Aramark (Aramark) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aramark (NYSE:ARMK) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

0AK:Germany 0AK:Germany

Address

2400 Market Street, Philadelphia, PA, USA, 19103

Website

https://www.aramark.com

Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.

Executives

Lauren A Harrington	officer: SVP and General Counsel	ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Marc A Bruno	officer: COO, U.S. Food & Facilities	C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Kevin Wills	director	750 LAKESHORE PARKWAY, BIRMINGHAM AL 35211
Abigail Charpentier	officer: SVP & Chief HR Officer	2400 MARKET STREET, PHIADELPHIA PA 19103
Lynn Mckee	officer: See Remarks
Patricia E Lopez	director	333 LUDLOW ST, STAMFORD CT 06902
Kenneth M Keverian	director	IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Christopher T. Schilling	officer: SVP, Controller and CAO	2400 MARKET STREET, PHILADELPHIA PA 19103
Bridgette P Heller	director	TECH DATA CORPORATION, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Keith Bethel	officer: Chief Growth Officer	C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Thomas Gerard Ondrof	officer: Executive VP and CFO	C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Stephen I Sadove	director
Karen Marie King	director	C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Greg Creed	director	1441 GARDINER LANE, LOUISVILLE KY 40213
Mantle Ridge Lp	other: Director by deputization	712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019