Was trying to calculate the net debt figure for enterprise value but was confused by the Lease Liabilities line item. I read that the ASU 842 and IFRS 16 require companies to recognized lease liabilities. However, I don’t see the Lease liability line item under CheckPoint (CHKP) balance sheet in their 20F even though I saw that they recognized lease liabilities of 30.7m in their notes. Can the lease liabilities item be hidden under “Other Liabilities”?
I’m still very new to financial analysis so any help would be greatly appreciated! Thanks