Brookfield Renewable (Brookfield Renewable) Long-Term Capital Lease Obligation : $470 Mil (As of Dec. 2023)

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What is Brookfield Renewable Long-Term Capital Lease Obligation?

Brookfield Renewable's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $470 Mil.

Brookfield Renewable's quarterly Long-Term Capital Lease Obligation stayed the same from Jun. 2023 ($0 Mil) to Sep. 2023 ($0 Mil) but then increased from Sep. 2023 ($0 Mil) to Dec. 2023 ($470 Mil).

Brookfield Renewable's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($346 Mil) to Dec. 2022 ($338 Mil) but then increased from Dec. 2022 ($338 Mil) to Dec. 2023 ($470 Mil).

Brookfield Renewable Long-Term Capital Lease Obligation Historical Data

The historical data trend for Brookfield Renewable'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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Brookfield Renewable Long-Term Capital Lease Obligation Chart

Brookfield Renewable Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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327.00

362.00

346.00

338.00

470.00

Brookfield Renewable Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															338.00	-	-	-	470.00

Brookfield Renewable (NYSE:BEPC) 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.

Brookfield Renewable Long-Term Capital Lease Obligation Related Terms

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Brookfield Renewable (Brookfield Renewable) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Brookfield Renewable Corp (NYSE:BEPC) » Definitions » Long-Term Capital Lease Obligation

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BEPC:Canada

Address

250 Vesey Street, 15th Floor, New York, NY, USA, 10281-1023

Website

https://www.brookfield.com

Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia, and totals over 20 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners LP and Brookfield Renewable Corporation.