Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Long-Term Capital Lease Obligation : $97 Mil (As of Dec. 2023)

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

What is Chemtrade Logisticsome Fund Long-Term Capital Lease Obligation?

Chemtrade Logisticsome Fund's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $97 Mil.

Chemtrade Logisticsome Fund's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($90 Mil) to Sep. 2023 ($97 Mil) and increased from Sep. 2023 ($97 Mil) to Dec. 2023 ($97 Mil).

Chemtrade Logisticsome Fund's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($79 Mil) to Dec. 2022 ($69 Mil) but then increased from Dec. 2022 ($69 Mil) to Dec. 2023 ($97 Mil).

Chemtrade Logisticsome Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Long-Term Capital Lease Obligation Chart

Chemtrade Logisticsome Fund Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

101.48

88.99

78.80

69.25

97.33

Chemtrade Logisticsome Fund 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	Get a 7-Day Free Trial															69.25	78.75	90.41	96.58	97.33

Chemtrade Logisticsome Fund (OTCPK:CGIFF) 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.

Chemtrade Logisticsome Fund Long-Term Capital Lease Obligation Related Terms

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

Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Chemtrade Logistics Income Fund (OTCPK:CGIFF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

CHE.UN:Canada

Address

155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5

Website

https://www.chemtradelogistics.com

Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.