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Enlight Renewable Energy (XTAE:ENLT) Long-Term Capital Lease Obligation : ₪431 Mil (As of Mar. 2024)


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What is Enlight Renewable Energy Long-Term Capital Lease Obligation?

Enlight Renewable Energy's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪431 Mil.

Enlight Renewable Energy's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₪405 Mil) to Dec. 2023 (₪437 Mil) but then declined from Dec. 2023 (₪437 Mil) to Mar. 2024 (₪431 Mil).

Enlight Renewable Energy's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₪366 Mil) to Dec. 2022 (₪343 Mil) but then increased from Dec. 2022 (₪343 Mil) to Dec. 2023 (₪437 Mil).


Enlight Renewable Energy Long-Term Capital Lease Obligation Historical Data

The historical data trend for Enlight Renewable 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.

* Premium members only.

Enlight Renewable Energy Long-Term Capital Lease Obligation Chart

Enlight Renewable 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 135.36 271.19 365.78 343.14 437.22

Enlight Renewable 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 413.49 421.05 405.34 437.22 431.18

Enlight Renewable Energy  (XTAE:ENLT) 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.

Enlight Renewable Energy Long-Term Capital Lease Obligation Related Terms

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Enlight Renewable Energy (XTAE:ENLT) Business Description

Traded in Other Exchanges
Address
13 Amal Street, P.O. Box 11659, Afek Industrial Park, Rosh Haayin, ISR, 4809249
Enlight Renewable Energy Ltd is a green energy company. It specializes in initiating, developing, financing, constructing, managing, and operating electricity production projects involved in generating electricity from renewable energy sources. It also provides installation services. The company's segments are Photovoltaic Israel, Israel wind, Eastern Europe wind, Eastern Europe Photovoltaic, Western Europe wind energy, and Management and construction. The company generates the majority of its revenue from its Photovoltaic business in Israel and Eastern Europe.