Sodexo (XPAR:SW) Long-Term Capital Lease Obligation : €625 Mil (As of Feb. 2024)

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What is Sodexo Long-Term Capital Lease Obligation?

Sodexo's Long-Term Capital Lease Obligation for the quarter that ended in Feb. 2024 was €625 Mil.

Sodexo's quarterly Long-Term Capital Lease Obligation declined from Feb. 2023 (€715 Mil) to Aug. 2023 (€683 Mil) and declined from Aug. 2023 (€683 Mil) to Feb. 2024 (€625 Mil).

Sodexo's annual Long-Term Capital Lease Obligation declined from Aug. 2021 (€763 Mil) to Aug. 2022 (€759 Mil) and declined from Aug. 2022 (€759 Mil) to Aug. 2023 (€683 Mil).

Sodexo Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sodexo'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.

Sodexo Long-Term Capital Lease Obligation Chart

Sodexo Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Long-Term Capital Lease Obligation

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2.00

1,126.00

763.00

759.00

683.00

Sodexo Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															734.00	759.00	715.00	683.00	625.00

Sodexo (XPAR:SW) 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.

Sodexo Long-Term Capital Lease Obligation Related Terms

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Sodexo (XPAR:SW) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sodexo (XPAR:SW) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

SDXOF:USA SDXAY:USA SWp:UK 0J3F:UK SJ7:Germany

Address

255 Quai de la Bataille de Stalingrad, Issy-les-Moulineaux (Hauts-de-Seine), Cedex 9, Paris, FRA, 92130

Website

http://www.sodexo.com

Sodexo is one of the largest food service companies globally, operating in more than 80 countries with annual sales of over EUR 21 billion. Sodexo's model stems from operating on-premise catering facilities, rather than centralised industrial kitchens. While food services remains the largest business segment (58% of revenue in 2022), the company has actively pursued a strategy of diversifying its business activities into other areas, such as facilities-management services, which now represents 38% of group revenue.

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