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Novorossiysk Commercial Sea Port PJSC (MIC:NMTP) Long-Term Capital Lease Obligation : ₽21,886 Mil (As of Jun. 2023)


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What is Novorossiysk Commercial Sea Port PJSC Long-Term Capital Lease Obligation?

Novorossiysk Commercial Sea Port PJSC's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽21,886 Mil.

Novorossiysk Commercial Sea Port PJSC's quarterly Long-Term Capital Lease Obligation declined from Jun. 2021 (₽21,189 Mil) to Sep. 2021 (₽20,855 Mil) but then increased from Sep. 2021 (₽20,855 Mil) to Jun. 2023 (₽21,886 Mil).

Novorossiysk Commercial Sea Port PJSC's annual Long-Term Capital Lease Obligation increased from Dec. 2018 (₽678 Mil) to Dec. 2019 (₽21,430 Mil) and increased from Dec. 2019 (₽21,430 Mil) to Dec. 2020 (₽21,727 Mil).


Novorossiysk Commercial Sea Port PJSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Novorossiysk Commercial Sea Port PJSC'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.

Novorossiysk Commercial Sea Port PJSC Long-Term Capital Lease Obligation Chart

Novorossiysk Commercial Sea Port PJSC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.96 3.75 677.62 21,429.76 21,726.93

Novorossiysk Commercial Sea Port PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jun23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21,726.93 21,367.88 21,188.86 20,855.25 21,886.00

Novorossiysk Commercial Sea Port PJSC  (MIC:NMTP) 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.

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Novorossiysk Commercial Sea Port PJSC (MIC:NMTP) Business Description

Traded in Other Exchanges
N/A
Address
Portovaya Street 14, Krasnodar region, Novorossiysk, RUS, 353901
Novorossiysk Commercial Sea Port PJSC is a transportation and logistics company domiciled in Russia. The company organises itself into three segments: stevedoring and additional port services, Fleet services, and Other. Stevedoring and additional services, which contributes the majority of revenue, receives and transports cargo by pipeline, train, and truck; assembles shiploads; and transfers cargo to ships. Fleet services includes towing services, firefighting services, waste collection, and ship-fuelling services.

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