GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Europris ASA (OSL:EPR) » Definitions » Long-Term Capital Lease Obligation

Europris ASA (OSL:EPR) Long-Term Capital Lease Obligation : kr2,006 Mil (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Europris ASA Long-Term Capital Lease Obligation?

Europris ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr2,006 Mil.

Europris ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr2,010 Mil) to Dec. 2023 (kr2,080 Mil) but then declined from Dec. 2023 (kr2,080 Mil) to Mar. 2024 (kr2,006 Mil).

Europris ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr1,914 Mil) to Dec. 2022 (kr2,015 Mil) and increased from Dec. 2022 (kr2,015 Mil) to Dec. 2023 (kr2,080 Mil).


Europris ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Europris 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.

Europris ASA Long-Term Capital Lease Obligation Chart

Europris 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 2,018.27 1,850.56 1,913.56 2,015.03 2,080.00

Europris 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 2,094.55 2,050.06 2,009.52 2,080.00 2,006.44

Europris ASA  (OSL:EPR) 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.

Europris ASA Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Europris ASA's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


Europris ASA (OSL:EPR) Business Description

Industry
Traded in Other Exchanges
Address
Dikeveien 57, P O Box 1421, Rolvsoy, NOR, NO-1661
Europris ASA is a Norwegian discount store company. The company has a singular business segment operating as a discount store chain that sells private-label and branded merchandise. The Europris group as a whole is defined and identified as one operating segment. Europris ASA sells a variety of items in product categories including home and kitchen, groceries, house and garden, clothes and shoes, candy and chocolate, personal care, electronics, laundry, pet, and hobby and office products. Additionally, it sells travel, leisure, and sports-related goods. The firm owns a portion of Runsvengruppen AB, which owns Swedish discount store chain OoB. The company generates the vast majority of its revenue in Norway.