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Wilh. Wilhelmsen Holding ASA (Wilh. Wilhelmsen Holding ASA) Long-Term Capital Lease Obligation : $102 Mil (As of Mar. 2024)


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What is Wilh. Wilhelmsen Holding ASA Long-Term Capital Lease Obligation?

Wilh. Wilhelmsen Holding ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $102 Mil.

Wilh. Wilhelmsen Holding ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($81 Mil) to Dec. 2023 ($101 Mil) and increased from Dec. 2023 ($101 Mil) to Mar. 2024 ($102 Mil).

Wilh. Wilhelmsen Holding ASA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($139 Mil) to Dec. 2022 ($93 Mil) but then increased from Dec. 2022 ($93 Mil) to Dec. 2023 ($101 Mil).


Wilh. Wilhelmsen Holding ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wilh. Wilhelmsen Holding ASA'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.

Wilh. Wilhelmsen Holding ASA Long-Term Capital Lease Obligation Chart

Wilh. Wilhelmsen Holding ASA 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 154.00 161.00 139.00 93.00 101.00

Wilh. Wilhelmsen Holding ASA 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 86.00 84.00 81.00 101.00 102.00

Wilh. Wilhelmsen Holding ASA  (OTCPK:WLHSF) 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.

Wilh. Wilhelmsen Holding ASA Long-Term Capital Lease Obligation Related Terms

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Wilh. Wilhelmsen Holding ASA (Wilh. Wilhelmsen Holding ASA) Business Description

Address
Strandveien 20, Lysaker, NOR, NO-1366
Wilh. Wilhelmsen Holding ASA operates in the maritime industry and offers shipping and logistics services. The operating segments of the group are Maritime Services, New Energy, and Strategic Holdings and Investments. It derives key revenue from the Maritime Services segment which offers marine products, ship agency services and logistics to the merchant fleet and ship management including manning for all major vessel types, through a worldwide network of approximately 239 offices in 60 countries. The group has a business presence in Europe, Oceania, America, and Asia and Africa.

Wilh. Wilhelmsen Holding ASA (Wilh. Wilhelmsen Holding ASA) Headlines

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