Baytex Energy (Baytex Energy) Long-Term Capital Lease Obligation

: $12 Mil (As of Dec. 2023)

View and export this data going back to 2006. Start your Free Trial

Baytex Energy's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12 Mil.

Baytex Energy's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($9 Mil) to Sep. 2023 ($12 Mil) but then declined from Sep. 2023 ($12 Mil) to Dec. 2023 ($12 Mil).

Baytex Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($4 Mil) to Dec. 2022 ($2 Mil) but then increased from Dec. 2022 ($2 Mil) to Dec. 2023 ($12 Mil).

Baytex Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Baytex Energy's Long-Term Capital Lease Obligation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Baytex Energy Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

6.14

5.30

3.77

2.22

11.97

Baytex Energy Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation																2.22	2.63	8.94	12.50	11.97

Baytex Energy (NYSE:BTE) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Baytex Energy Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Baytex Energy's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Baytex Energy (Baytex Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Baytex Energy Corp (NYSE:BTE) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

B5X:Germany BTE:Canada

Address

2800, 520 - 3rd Avenue SW, Centennial Place, East Tower, Calgary, AB, CAN, T2P 0R3

Website

https://www.baytexenergy.com

Baytex Energy Corp is an oil and gas company. Geographically, the group operates in Canada and the United States. The company derives a majority of revenue from Canada. Its Canada segment includes the exploration, development, and production of crude oil and natural gas in Western Canada.