Snap-on Finance Lease Liabilities (Total) decreased by 7.1% to $1.30M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 13.3%, from $1.50M to $1.30M. Over 5 years (FY 2020 to FY 2025), Finance Lease Liabilities (Total) shows a downward trend with a -32.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase indicates higher reliance on lease-based financing for long-term assets, which increases fixed financial obligations and leverage ratios.
This represents the present value of future lease payments for assets where the lease term covers a major part of the as...
Comparable to debt obligations, this metric is analyzed alongside long-term borrowings to assess the total capital structure and financial risk profile of peer energy companies.
finance_lease_liabilities_total| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.10M | $8.30M | $7.60M | $6.90M | $6.00M | $5.00M | $4.20M | $3.90M | $3.50M | $3.10M | $2.80M | $2.70M | $2.20M | $2.00M | $1.80M | $1.50M | $1.50M | $1.70M | $1.50M | $1.40M | $1.30M |
| QoQ Change | — | -8.8% | -8.4% | -9.2% | -13.0% | -16.7% | -16.0% | -7.1% | -10.3% | -11.4% | -9.7% | -3.6% | -18.5% | -9.1% | -10.0% | -16.7% | +0.0% | +13.3% | -11.8% | -6.7% | -7.1% |
| YoY Change | — | — | — | — | -34.1% | -39.8% | -44.7% | -43.5% | -41.7% | -38.0% | -33.3% | -30.8% | -37.1% | -35.5% | -35.7% | -44.4% | -31.8% | -15.0% | -16.7% | -6.7% | -13.3% |