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Obsidian Energy (STU:P13A) Long-Term Capital Lease Obligation : €3.9 Mil (As of Mar. 2024)


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What is Obsidian Energy Long-Term Capital Lease Obligation?

Obsidian Energy's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €3.9 Mil.

Obsidian Energy's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€2.6 Mil) to Dec. 2023 (€4.2 Mil) but then declined from Dec. 2023 (€4.2 Mil) to Mar. 2024 (€3.9 Mil).

Obsidian Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (€3.2 Mil) to Dec. 2022 (€1.9 Mil) but then increased from Dec. 2022 (€1.9 Mil) to Dec. 2023 (€4.2 Mil).


Obsidian Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Obsidian 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.

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Obsidian Energy Long-Term Capital Lease Obligation Chart

Obsidian Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.09 3.59 3.18 1.95 4.17

Obsidian Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.98 2.36 2.56 4.17 3.94

Obsidian Energy  (STU:P13A) 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.

Obsidian Energy Long-Term Capital Lease Obligation Related Terms

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Obsidian Energy (STU:P13A) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Obsidian Energy Ltd (STU:P13A) » Definitions » Long-Term Capital Lease Obligation
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Address
207 - 9th Avenue SW, Suite 200, Calgary, AB, CAN, T2P 1K3
Obsidian Energy Ltd, is an intermediate-sized oil and gas producer with strategic assets in Alberta. It operates in a single reporting segment that is exploration, development and holding an interest in oil and natural gas properties and related production infrastructure in the Western Canada Sedimentary Basin. The company generates the majority of the revenue from the Crude oil sale.

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