Other

Finance Lease, Right-of-Use Asset, after Accumulated Amortization

Snap-on Finance Lease, Right-of-Use Asset, after Accumulated Amortization decreased by 14.3% to $1.20M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 20.0%, from $1.50M to $1.20M. Over 5 years (FY 2020 to FY 2025), Finance Lease, Right-of-Use Asset, after Accumulated Amortization shows a downward trend with a -27.1% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026Apr 23, 2026

How to read this metric

A stable or increasing value suggests continued investment in leased capital assets, while a decrease may indicate aging assets or reduced investment.

Detailed definition

This represents the net book value of assets acquired via finance leases after accounting for accumulated amortization....

Peer comparison

Comparable to property, plant, and equipment (PP&E) metrics for companies that favor leasing over purchasing.

Metric ID: other_finance_lease_right_of_use_asset

Historical Data

21 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.00M$5.70M$5.40M$4.90M$4.30M$3.60M$3.00M$3.00M$2.70M$2.50M$2.30M$2.30M$2.00M$1.90M$1.60M$1.50M$1.50M$1.60M$1.50M$1.40M$1.20M
QoQ Change-5.0%-5.3%-9.3%-12.2%-16.3%-16.7%+0.0%-10.0%-7.4%-8.0%+0.0%-13.0%-5.0%-15.8%-6.3%+0.0%+6.7%-6.3%-6.7%-14.3%
YoY Change-28.3%-36.8%-44.4%-38.8%-37.2%-30.6%-23.3%-23.3%-25.9%-24.0%-30.4%-34.8%-25.0%-15.8%-6.3%-6.7%-20.0%
Range$1.20M$6.00M
CAGR-27.5%
Avg YoY Growth-26.6%
Median YoY Growth-25.9%
Current Streak3 quarters decline

Frequently Asked Questions

What is Snap-on's finance lease, right-of-use asset, after accumulated amortization?
Snap-on (SNA) reported finance lease, right-of-use asset, after accumulated amortization of $1.20M in Q1 2026.
How has Snap-on's finance lease, right-of-use asset, after accumulated amortization changed year-over-year?
Snap-on's finance lease, right-of-use asset, after accumulated amortization decreased by 20.0% year-over-year, from $1.50M to $1.20M.
What is the long-term trend for Snap-on's finance lease, right-of-use asset, after accumulated amortization?
Over 5 years (2020 to 2025), Snap-on's finance lease, right-of-use asset, after accumulated amortization has grown at a -27.1% compound annual growth rate (CAGR), from $6.80M to $1.40M.
What does finance lease, right-of-use asset, after accumulated amortization mean?
The net value of assets held under finance leases after accounting for depreciation.