Capital Power (Capital Power) Long-Term Capital Lease Obligation

: $104 Mil (As of Dec. 2023)

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Capital Power's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $104 Mil.

Capital Power's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($107 Mil) to Sep. 2023 ($105 Mil) and declined from Sep. 2023 ($105 Mil) to Dec. 2023 ($104 Mil).

Capital Power's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($107 Mil) to Dec. 2022 ($107 Mil) but then declined from Dec. 2022 ($107 Mil) to Dec. 2023 ($104 Mil).

Capital Power Long-Term Capital Lease Obligation Historical Data

The historical data trend for Capital Power'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.

Capital Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

79.73

111.64

107.03

107.47

104.35

Capital Power 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																107.47	105.97	106.88	104.94	104.35

Capital Power (OTCPK:CPXWF) 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.

Capital Power Long-Term Capital Lease Obligation Related Terms

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Capital Power (Capital Power) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Capital Power Corp (OTCPK:CPXWF) » Definitions » Long-Term Capital Lease Obligation

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Address

10423 - 101 Street NW, Suite 1200, Edmonton, AB, CAN, T5H 0E9

Website

https://www.capitalpower.com

Capital Power Corp is a North American power producer whose principal activities are developing, acquiring, and operating power plants. Through its subsidiary, Capital Power owns and operates a portfolio of natural gas, coal, wind, solar, and solid fuel energy generating facilities. These are located throughout Western and Central Canada and the U.S. Capital Power's natural gas and coal facilities, specifically its Genesee and Shepard sites, account for most of its electric capacity and cash flow production. The company generates the vast majority of its revenue from sales of electricity and natural gas. Its customers include a variety of industrial and commercial consumers, independent transmission system operators, and government-owned entities.

Capital Power (Capital Power) Headlines

From GuruFocus

Capital Power declares dividends for its Common and Preference shares

By GlobeNewswire GlobeNewswire • 10-26-2018

Capital Power announces its inaugural Green Subordinated Notes offering

By GlobeNewswire GlobeNewswire • 08-19-2022

MEDIA ADVISORY - Capital Power and Ontario Power Generation (OPG) Joint Announcement

By GlobeNewswire • 01-12-2024

Capital Power announces conversion results for its Preferred Shares (Series 5)

By GlobeNewswire GlobeNewswire • 06-16-2023

Capital Power hosts 2024 guidance webcast on January 16

By GlobeNewswire • 01-15-2024

Capital Power declares dividends for its Common and Preference shares

By GlobeNewswire GlobeNewswire • 02-15-2019

Capital Power announces C$850 million medium term notes offering

By GlobeNewswire • 11-29-2023