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Burlington Stores (FRA:BUI) Long-Term Capital Lease Obligation : €2,811 Mil (As of Apr. 2024)


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What is Burlington Stores Long-Term Capital Lease Obligation?

Burlington Stores's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2024 was €2,811 Mil.

Burlington Stores's quarterly Long-Term Capital Lease Obligation declined from Oct. 2023 (€2,824 Mil) to Jan. 2024 (€2,740 Mil) but then increased from Jan. 2024 (€2,740 Mil) to Apr. 2024 (€2,811 Mil).

Burlington Stores's annual Long-Term Capital Lease Obligation increased from Jan. 2022 (€2,245 Mil) to Jan. 2023 (€2,622 Mil) and increased from Jan. 2023 (€2,622 Mil) to Jan. 2024 (€2,740 Mil).


Burlington Stores Long-Term Capital Lease Obligation Historical Data

The historical data trend for Burlington Stores'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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Burlington Stores Long-Term Capital Lease Obligation Chart

Burlington Stores Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,092.12 1,971.04 2,244.85 2,621.87 2,740.04

Burlington Stores Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2,592.62 2,532.16 2,824.47 2,740.04 2,810.94

Burlington Stores  (FRA:BUI) 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.

Burlington Stores Long-Term Capital Lease Obligation Related Terms

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Burlington Stores (FRA:BUI) Business Description

Traded in Other Exchanges
Address
2006 Route 130 North, Burlington, NJ, USA, 08016
The third-largest American dedicated off-price apparel and home fashion retail firm, with 927 stores as of the end of fiscal 2022, Burlington Stores offers an assortment of products from over 5,000 brands through an everyday-low-price approach that undercuts conventional retailers' regular prices by up to 60%. The company focuses on providing a treasure-hunt experience, with a quickly changing array of merchandise in a relatively low-frills shopping environment. In fiscal 2022, 24% of sales came from accessories and footwear, 22% from women's ready-to-wear apparel, 21% from home décor, 17% from menswear, 12% from youth apparel and baby, and 4% from outerwear. All sales come from the United States.

Burlington Stores (FRA:BUI) Headlines

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