Subsea 7 (Subsea 7) Short-Term Capital Lease Obligation : $202 Mil (As of Mar. 2024)

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What is Subsea 7 Short-Term Capital Lease Obligation?

Subsea 7's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $202 Mil.

Subsea 7's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 ($142 Mil) to Dec. 2023 ($168 Mil) and increased from Dec. 2023 ($168 Mil) to Mar. 2024 ($202 Mil).

Subsea 7's annual Short-Term Capital Lease Obligation increased from Dec. 2021 ($88 Mil) to Dec. 2022 ($96 Mil) and increased from Dec. 2022 ($96 Mil) to Dec. 2023 ($168 Mil).

Subsea 7 Short-Term Capital Lease Obligation Historical Data

The historical data trend for Subsea 7's Short-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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Subsea 7 Short-Term Capital Lease Obligation Chart

Subsea 7 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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94.00

85.40

88.00

95.80

167.80

Subsea 7 Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															135.60	145.00	141.80	167.80	201.90

Subsea 7 Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Subsea 7 Short-Term Capital Lease Obligation Related Terms

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Subsea 7 (Subsea 7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Subsea 7 SA (OTCPK:SUBCY) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

ACGYF:USA SUBCo:Sweden SUBC:Norway SUBCo:UK 0OGK:UK SOC:Germany

Address

40 Brighton Road, Surrey, Sutton, GBR, SM2 5BN

Website

https://www.subsea7.com

Subsea 7 is one of the largest engineering and construction, or E&C, service providers in the offshore oil and gas industry. It provides a range of services, including subsea umbilicals, risers, and flowlines (SURF), fabrication, installation, maintenance, and heavy lifting, among many others. It's recently begun to develop expertise in renewables, particularly offshore wind farms, which require equipment and expertise similar to offshore oil and gas developments.

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