Unifirst Capital Lease Obligations from 2010 to 2025

UNF Stock  USD 173.90  4.11  2.31%   
Unifirst's Capital Lease Obligations is increasing over the last several years with slightly volatile swings. Capital Lease Obligations is predicted to flatten to about 59.5 M. Capital Lease Obligations is the total obligations of Unifirst under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. View All Fundamentals
 
Capital Lease Obligations  
First Reported
2019-11-30
Previous Quarter
68.8 M
Current Value
67.5 M
Quarterly Volatility
11.1 M
 
Covid
Check Unifirst financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Unifirst's main balance sheet or income statement drivers, such as Depreciation And Amortization of 170.8 M, Interest Expense of 5.2 M or Total Revenue of 2.9 B, as well as many indicators such as Price To Sales Ratio of 0.88, Dividend Yield of 0.0051 or PTB Ratio of 1.94. Unifirst financial statements analysis is a perfect complement when working with Unifirst Valuation or Volatility modules.
  
Check out the analysis of Unifirst Correlation against competitors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.

Latest Unifirst's Capital Lease Obligations Growth Pattern

Below is the plot of the Capital Lease Obligations of Unifirst over the last few years. Unifirst capital lease obligations are the amount due for long-term lease agreements that are nearly equivalent to Unifirst asset purchases. For example, Unifirst can use a capital lease to finance the purchase of an asset without ever buying it. A capital lease gives companies such as Unifirst control over an asset for a big portion of its life. It is the total obligations of a company under capital leases, which are lease agreements that transfer substantially all risks and rewards of ownership to the lessee. Unifirst's Capital Lease Obligations historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Unifirst's overall financial position and show how it may be relating to other accounts over time.
Capital Lease Obligations10 Years Trend
Slightly volatile
   Capital Lease Obligations   
       Timeline  

Unifirst Capital Lease Obligations Regression Statistics

Arithmetic Mean49,081,127
Geometric Mean47,896,245
Coefficient Of Variation24.75
Mean Deviation9,802,299
Median41,830,000
Standard Deviation12,146,126
Sample Variance147.5T
Range37.3M
R-Value0.77
Mean Square Error65.4T
R-Squared0.59
Significance0.0005
Slope1,952,947
Total Sum of Squares2212.9T

Unifirst Capital Lease Obligations History

202559.5 M
202479.1 M
202368.8 M
202264.8 M
202151.7 M
202043.2 M

About Unifirst Financial Statements

Unifirst stakeholders use historical fundamental indicators, such as Unifirst's Capital Lease Obligations, to determine how well the company is positioned to perform in the future. Although Unifirst investors may analyze each financial statement separately, they are all interrelated. For example, changes in Unifirst's assets and liabilities are reflected in the revenues and expenses on Unifirst's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Unifirst. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Capital Lease Obligations79.1 M59.5 M

Currently Active Assets on Macroaxis

When determining whether Unifirst is a strong investment it is important to analyze Unifirst's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Unifirst's future performance. For an informed investment choice regarding Unifirst Stock, refer to the following important reports:
Check out the analysis of Unifirst Correlation against competitors.
For more detail on how to invest in Unifirst Stock please use our How to Invest in Unifirst guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Unifirst. If investors know Unifirst will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Unifirst listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.022
Dividend Share
1.34
Earnings Share
7.83
Revenue Per Share
130.878
Quarterly Revenue Growth
0.019
The market value of Unifirst is measured differently than its book value, which is the value of Unifirst that is recorded on the company's balance sheet. Investors also form their own opinion of Unifirst's value that differs from its market value or its book value, called intrinsic value, which is Unifirst's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Unifirst's market value can be influenced by many factors that don't directly affect Unifirst's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Unifirst's value and its price as these two are different measures arrived at by different means. Investors typically determine if Unifirst is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Unifirst's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.