Beyond Meat (Beyond Meat) Long-Term Capital Lease Obligation : $79.1 Mil (As of Mar. 2024)

View and export this data going back to 2019. Start your Free Trial

What is Beyond Meat Long-Term Capital Lease Obligation?

Beyond Meat's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $79.1 Mil.

Beyond Meat's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($76.7 Mil) to Dec. 2023 ($75.9 Mil) but then increased from Dec. 2023 ($75.9 Mil) to Mar. 2024 ($79.1 Mil).

Beyond Meat's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($23.0 Mil) to Dec. 2022 ($56.3 Mil) and increased from Dec. 2022 ($56.3 Mil) to Dec. 2023 ($75.9 Mil).

Beyond Meat Long-Term Capital Lease Obligation Historical Data

The historical data trend for Beyond Meat'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.

Beyond Meat Long-Term Capital Lease Obligation Chart

Beyond Meat Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.57

11.94

23.04

56.32

75.92

Beyond Meat 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															45.20	77.48	76.70	75.92	79.11

Beyond Meat (NAS:BYND) 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.

Beyond Meat Long-Term Capital Lease Obligation Related Terms

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

Beyond Meat (Beyond Meat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beyond Meat Inc (NAS:BYND) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

BYND:Mexico 1BYND:Italy 0Q3:Germany 0Q3:Germany 0Q3:Germany 0Q3:Germany B2YN34:Brazil BYND:Austria

Address

119 Standard Street, El Segundo, CA, USA, 90245

Website

https://www.beyondmeat.com

Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.

Executives

Chad M Peffer	officer: Interim Chief Growth Officer	C/O BEYOND MEAT, INC., 888 N. DOUGLAS STREET, SUITE 100, EL SEGUNDO CA 90245
C James Koch	director	C/O THE BOSTON BEER COMPANY, ONE DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210
Akerho Oghoghomeh	officer: See Remarks	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Dariush Ajami	officer: Chief Innovation Officer	C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Lubi Kutua	officer: CFO, Treasurer	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Beth Moskowitz	officer: Chief Creative Officer	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Sharman Robert M Jr	officer: See Remarks	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Henry Dieu	officer: See Remarks.	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Brad Hiranaga	officer: SEE REMARKS	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Jay Colleen	director	C/O THE COOPER COMPANIES, INC., 6140 STONERIDGE MALL ROAD, SUITE 590, PLEASANTON CA 94588
Diane Carhart	director	C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Teri L Witteman	officer: General Counsel, Secretary	20333 S. NORMANDIE AVE, TORRANCE CA 90502
George Bernard Adcock	officer: Chief Suppy Chain Officer	C/O BEYOND MEAT, INC., 119 STANDARD ST., EL SEGUNDO CA 90245
Douglas Wayne Ramsey	officer: Chief Operating Officer	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Jonathan P Nelson	officer: Interim COO	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245