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Victoria's Secret (STU:8FR) Long-Term Capital Lease Obligation : €1,204 Mil (As of Jan. 2024)


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What is Victoria's Secret Long-Term Capital Lease Obligation?

Victoria's Secret's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was €1,204 Mil.

Victoria's Secret's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (€1,162 Mil) to Oct. 2023 (€1,211 Mil) but then declined from Oct. 2023 (€1,211 Mil) to Jan. 2024 (€1,204 Mil).

Victoria's Secret's annual Long-Term Capital Lease Obligation declined from Jan. 2022 (€1,162 Mil) to Jan. 2023 (€1,115 Mil) but then increased from Jan. 2023 (€1,115 Mil) to Jan. 2024 (€1,204 Mil).


Victoria's Secret Long-Term Capital Lease Obligation Historical Data

The historical data trend for Victoria's Secret'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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Victoria's Secret Long-Term Capital Lease Obligation Chart

Victoria's Secret Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 1,944.36 1,275.01 1,161.58 1,114.53 1,204.42

Victoria's Secret Quarterly Data
Jan19 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 1,111.73 1,161.64 1,211.21 1,204.42 -

Victoria's Secret  (STU:8FR) 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.

Victoria's Secret Long-Term Capital Lease Obligation Related Terms

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Victoria's Secret (STU:8FR) Business Description

Traded in Other Exchanges
Address
4 Limited Parkway East, Reynoldsburg, OH, USA, 43068
Victoria's Secret & Co is a specialty retailer of lingerie, pajamas, and beauty products with prestige fragrances and body care. It serves customers at its Lingerie and Beauty stores around the globe and online enabling them to shop the brand anywhere and anytime.

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