The free Operating Lease Converter uses some common elements to provide you with valuable feedback about the value or lack thereof of a potential lease property. You can enter a few important pieces of information about the lease to give you the adjustments you need to make better decisions about your next lease. The free template document works as a simple calculator to provide you with information like the full operating lease adjustments, current operating expenses, depreciation over the years of commitment, and so much more. This template is useful for people looking to determine if a lease is in their best interest. If you’re ready to get started with this free template, then follow the link at the bottom of this page.
Using the Operating Lease Converter
Download the free template by following the link at the bottom of this page.
Now, start in the “Inputs” tables at the top of the page to enter your data, requested by this template to calculate your results.
You will begin by entering the operating lease expense in the current year in the first cell of the template, then move down to the years of commitment and what you will be paying, with pre-tax cost of debt percentage included.
You will then continue down to the financial statement information and enter the Reported Operating Income, the Reported Debt, and the Reported Interest Expenses.
In turn, the template will give you the Number of years embedded in year 6, estimated and the reclassification of your debt as well. Finally, you will see the debt value of your leases at the very bottom of the operating leases into debt table.
Why You Should Use the Operating Lease Converter
- Calculates totals for you.
- Lays out information in a simple way.
- Reusable for multiple leases.
Download: Operating Lease Converter
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