Operating lease and WC adjustments
Hi guys,
I am not familiar with leases.
Would an operating lease be included in the WC capital adjustments (reduction to WC)?
Are there any adjustments that need to be done to the P&L or BS as a consequence of that?
Any worked example would be appreciated as I didn't find much on that front.
Thank you
Isn't an operating lease off balance sheet (expense just runs through P&L)? So this shouldn't impact peg/WC (capital lease is different and often treated as a debt-like item). Let me know if I'm missing something.
Hi.
They "should be" capitalized.
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