What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Limoneira LMNR Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

FDP

FDPFDP

$191.4M+0.5%

Mission Produce, Inc.AVO

$65.7M-4.5%

Buda Juice BUDA

7.6%—

Universal CorporationUVV

$37.27M+8.8%

American VanguardAVD

$16.03M-13.0%

AvalonBay CommunitiesAVB

——

Other financials

Income statement

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Revenue$23.9M-31.9%

Gross profit$768.0K-77.5%

Operating income-$21.7M-549%

Net income-$21.4M-537%

EPS (diluted)-$1.20-500%

Balance sheet

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Cash & equivalents$891.0K-57.2%

Total debt$99.2M+72.0%

Total equity$152.9M-16.3%

Total assets$293.8M-0.9%

Cash flow

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Operating cash flow-$4.5M—

CapEx$880.0K+95.1%

Free cash flow-$4.3M—

Valuation

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Market cap$238.07M-17.7%

Enterprise value$336.42M-2.5%

P/S1.8×+0.2×

Profitability

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Gross margin8.5%—

Operating margin-33.2%-34.7pp

Net margin-30.5%—

FCF margin7.8%—

Returns & leverage

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Return on equity-24.1%—

Debt / equity0.6×+0.3×

Current ratio1.7×+0.6×

Where this comes from

Reported directly by Limoneira in its filing.

Tagged under the XBRL concept us-gaap:OperatingLeaseWeightedAverageDiscountRatePercent.

The official record: Limoneira’s 10-Q, filed September 9, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.