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Protector Forsikring ASA (OSL:PROT) Long-Term Capital Lease Obligation : kr0 Mil (As of Mar. 2024)


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What is Protector Forsikring ASA Long-Term Capital Lease Obligation?

Protector Forsikring ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil.

Protector Forsikring ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr85 Mil) but then declined from Dec. 2023 (kr85 Mil) to Mar. 2024 (kr0 Mil).

Protector Forsikring ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr0 Mil) to Dec. 2022 (kr103 Mil) but then declined from Dec. 2022 (kr103 Mil) to Dec. 2023 (kr85 Mil).


Protector Forsikring ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Protector Forsikring 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.

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Protector Forsikring ASA Long-Term Capital Lease Obligation Chart

Protector Forsikring 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 - - - 103.20 84.90

Protector Forsikring 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 - - - 84.90 -

Protector Forsikring ASA  (OSL:PROT) 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.

Protector Forsikring ASA Long-Term Capital Lease Obligation Related Terms

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Protector Forsikring ASA (OSL:PROT) Business Description

Traded in Other Exchanges
Address
Stoperigata 2, PB 1351 Vika, Oslo, NOR, 0113
Protector Forsikring ASA provides a wide range of insurance products to companies and public organizations, primarily in Norway, Sweden, and Denmark. Protector's products include workers' compensation, group life, accident, health, property, motor, liability, cargo, and change of ownership insurance. Insurance premiums provide nearly all of the company's revenue. Protector's commercial business provides insurance for more than 5,000 companies, most of which have annual insurance premiums between NOK 100,000 and NOK 3 million. The public business provides coverage to more than 500 municipalities and 30 countries.

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