Nutrien (Nutrien) Long-Term Capital Lease Obligation

: $999 Mil (As of Dec. 2023)

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Nutrien's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $999 Mil.

Nutrien's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($861 Mil) to Sep. 2023 ($901 Mil) and increased from Sep. 2023 ($901 Mil) to Dec. 2023 ($999 Mil).

Nutrien's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($934 Mil) to Dec. 2022 ($899 Mil) but then increased from Dec. 2022 ($899 Mil) to Dec. 2023 ($999 Mil).

Nutrien Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nutrien'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.

Nutrien Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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859.00

891.00

934.00

899.00

999.00

Nutrien 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															899.00	880.00	861.00	901.00	999.00

Nutrien (NYSE:NTR) 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.

Nutrien Long-Term Capital Lease Obligation Related Terms

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Nutrien (Nutrien) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Nutrien Ltd (NYSE:NTR) » Definitions » Long-Term Capital Lease Obligation

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NTR:Mexico POC:Germany N7T:Germany NTR:Canada

Address

211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6

Website

https://www.nutrien.com

Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.