Tupperware Brands (FRA:TUP) Long-Term Capital Lease Obligation : €44 Mil (As of Sep. 2023)

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What is Tupperware Brands Long-Term Capital Lease Obligation?

Tupperware Brands's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was €44 Mil.

Tupperware Brands's quarterly Long-Term Capital Lease Obligation declined from Mar. 2023 (€50 Mil) to Jun. 2023 (€48 Mil) and declined from Jun. 2023 (€48 Mil) to Sep. 2023 (€44 Mil).

Tupperware Brands's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (€54 Mil) to Dec. 2021 (€50 Mil) but then increased from Dec. 2021 (€50 Mil) to Dec. 2022 (€51 Mil).

Tupperware Brands Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tupperware Brands'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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Tupperware Brands Long-Term Capital Lease Obligation Chart

Tupperware Brands Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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52.47

54.33

50.27

50.69

Tupperware Brands Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															52.42	50.69	50.06	48.46	44.04

Tupperware Brands (FRA:TUP) 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.

Tupperware Brands Long-Term Capital Lease Obligation Related Terms

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Tupperware Brands (FRA:TUP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Tupperware Brands Corp (FRA:TUP) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

TUP:USA

Address

14901 South Orange Blossom Trail, Orlando, FL, USA, 32837

Website

https://www.tupperwarebrands.com

Tupperware Brands Corp is a consumer products company that designs innovative, functional, and environmentally responsible products. The company distributes its products into nearly 70 countries. The company engages in the marketing, manufacture, and sale of design-centric preparation, storage, and serving solutions for the kitchen and home through the Tupperware brand name. The company primarily uses a direct selling business model to distribute and market products, while continuing to expand digital platforms and business-to-business distribution channels. The company operates its business under four reportable segments in four broad geographic regions namely the Asia Pacific, Europe (Europe, Africa and the Middle East), North America, and South America.