Wolverine World Wide (FRA:WW4) Long-Term Capital Lease Obligation : €116 Mil (As of Mar. 2024)

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What is Wolverine World Wide Long-Term Capital Lease Obligation?

Wolverine World Wide's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €116 Mil.

Wolverine World Wide's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (€132 Mil) to Dec. 2023 (€121 Mil) and declined from Dec. 2023 (€121 Mil) to Mar. 2024 (€116 Mil).

Wolverine World Wide's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€105 Mil) to Dec. 2022 (€145 Mil) but then declined from Dec. 2022 (€145 Mil) to Dec. 2023 (€121 Mil).

Wolverine World Wide Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wolverine World Wide'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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Wolverine World Wide Long-Term Capital Lease Obligation Chart

Wolverine World Wide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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132.48

107.11

104.61

145.00

121.41

Wolverine World Wide 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															140.94	135.40	132.40	121.41	116.47

Wolverine World Wide (FRA:WW4) 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.

Wolverine World Wide Long-Term Capital Lease Obligation Related Terms

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Wolverine World Wide (FRA:WW4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Wolverine World Wide Inc (FRA:WW4) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

WWW:USA WW4:Germany

Address

9341 Courtland Drive N.E., Rockford, MI, USA, 49351

Website

https://www.wolverineworldwide.com

Wolverine World Wide Inc is engaged in designing, manufacturing, sourcing, marketing, licensing, and distributing branded footwear, apparel, and accessories. The company's segment includes Active Group; Work Group; Lifestyle Group and Other. It generates maximum revenue from the Active Group segment. Active Group segment consists of Merrell footwear and apparel, Saucony footwear and apparel, Sweaty Betty activewear, and Chaco footwear.

Wolverine World Wide (FRA:WW4) Headlines

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