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National Vision Holdings (FRA:7NV) Long-Term Capital Lease Obligation : €350 Mil (As of Mar. 2024)


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What is National Vision Holdings Long-Term Capital Lease Obligation?

National Vision Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €350 Mil.

National Vision Holdings's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€351 Mil) to Dec. 2023 (€346 Mil) but then increased from Dec. 2023 (€346 Mil) to Mar. 2024 (€350 Mil).

National Vision Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€323 Mil) to Dec. 2022 (€338 Mil) and increased from Dec. 2022 (€338 Mil) to Dec. 2023 (€346 Mil).


National Vision Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for National Vision 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.

* Premium members only.

National Vision Holdings Long-Term Capital Lease Obligation Chart

National Vision Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 325.63 291.42 322.81 338.06 345.54

National Vision Holdings 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 362.88 351.36 351.20 345.54 349.68

National Vision Holdings  (FRA:7NV) 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.

National Vision Holdings Long-Term Capital Lease Obligation Related Terms

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National Vision Holdings (FRA:7NV) Business Description

Traded in Other Exchanges
Address
2435 Commerce Avenue, Building 2200, Duluth, GA, USA, 30096
National Vision Holdings Inc is an optical retailer in the U.S. Its product portfolio includes eyeglasses and sunglasses, contact lenses, accessories, and other products. The company has two operating segments; Owned and Host segment includes company-owned brands America's Best and Eyeglass World, In America's Best stores, vision care services are provided by optometrists or by independent professional corporations and Host operating consist of Military and Fred Meyer which provide eye exams by independent optometrists, and the Legacy segment manages the operations of, and supplies inventory and lab processing services to Legacy retail Vision Centers. It earns a majority of its revenue from the Owned and Host segment.

National Vision Holdings (FRA:7NV) Headlines

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