TransAlta (TransAlta) Long-Term Capital Lease Obligation

: $102 Mil (As of Dec. 2023)

View and export this data going back to 1975. Start your Free Trial

TransAlta's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $102 Mil.

TransAlta's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($102 Mil).

TransAlta's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($73 Mil) to Dec. 2022 ($93 Mil) and increased from Dec. 2022 ($93 Mil) to Dec. 2023 ($102 Mil).

TransAlta Long-Term Capital Lease Obligation Historical Data

The historical data trend for TransAlta'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.

TransAlta Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

93.40

98.37

72.66

93.49

102.12

TransAlta 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															93.49	-	-	-	102.12

TransAlta (NYSE:TAC) 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.

TransAlta Long-Term Capital Lease Obligation Related Terms

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

TransAlta (TransAlta) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » TransAlta Corp (NYSE:TAC) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

TZ1:Germany TA.PR.J.PFD:Canada TA.PR.H.PFD:Canada TA.PR.F.PFD:Canada TA.PR.E.PFD:Canada TA.PR.D.PFD:Canada TA:Canada

Address

110 - 12th Avenue SW, Station M, Calgary, AB, CAN, T2P 2M1

Website

https://ww.transalta.com

TransAlta is an independent power producer based in Alberta, Canada. The company operates a diverse and growing fleet of electrical power generation assets in Canada, the United States, and Australia consisting of hydro, wind, solar, battery storage, gas and energy transition facilities. The majority of the company's revenues are derived from the sale of generation capacity, electricity, thermal energy, environmental attributes, and byproducts of power generation.