The accounting rules allow companies to move debt off their balance sheet by employing operating leases instead of capital leases to account for certain assets.
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Even after the new standard is implemented, investors will need to convert operating leases into capital leases for all prior years to perform apples-to-apples historical comparisons.
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Currently, the difference between its cash and cash equivalents over long-term obligations (debt and capital leases) is improving, but that trend may not hold with greater expected capital expenditures in this fourth quarter.
Best Buy also looks bad in terms of its EBITDAR margin (in calculating EVA, we add rent to EBITDA because we add the value of leases to capital).
The next step in the right direction for CIT may do with a written agreement it has with the New York Federal Reserve about its risk control measurements, loans and leases, capital, liquidity, dividend distribution and much more.
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Only 10% of Japanese firms use leases to finance capital investment, versus one-third in the U.S., so there's plenty of room to expand.
As players like Chesapeake Energy have been churning through expensive capital to drill up newly acquired acreage before their leases run out, Chevron has the option to just bide its time.
Sunrun, SolarCity and Clean Power Finance rose to prominence by raising a lot of venture capital and funds from banks and other investors to finance solar leases.
It seems banks are much weaker today thanks to bailouts of the financial and accounting variety that delay their necessary acquisition by better managers, not to mention the capital destroyed over the years due to poorly run banks being given new leases on life.
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With the music buying experience evolving by the moment, old-fashioned record stores with leases, staff and high inventory costs (tying up millions in capital), needed a drastic overhaul.
It was true of the recent announcement that long leases over roads will be sold to the private sector, to bring private capital into road development.
He has focused on building the Tokyo-based firm into a one-stop shop for leases, loans, commodity funds, insurance and other services not unlike a GE Capital or Citigroup on a small scale.
He has focused on building the Tokyo-based firm into a one-stop shop for leases, loans, commodity funds, insurance and other services -- not unlike a GE Capital or Citigroup on a small scale.
Long Term Leases : Purchasing land and constructing a factory and office building can take up a large part of the capital expenditure budget for a new project in China.
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