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Telenor ASA (Telenor ASA) Long-Term Capital Lease Obligation

: $1,251 Mil (As of Dec. 2023)
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Telenor ASA's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,251 Mil.

Telenor ASA's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($1,287 Mil) to Sep. 2023 ($1,271 Mil) and declined from Sep. 2023 ($1,271 Mil) to Dec. 2023 ($1,251 Mil).

Telenor ASA's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($3,129 Mil) to Dec. 2022 ($2,471 Mil) and declined from Dec. 2022 ($2,471 Mil) to Dec. 2023 ($1,251 Mil).


Telenor ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Telenor 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.

Telenor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,546.32 4,086.78 3,128.90 2,471.33 1,251.35

Telenor ASA 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 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 Premium Member Only Premium Member Only Premium Member Only 2,471.33 1,405.49 1,287.19 1,271.36 1,251.35

Telenor ASA  (OTCPK:TELNY) 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.

Telenor ASA Long-Term Capital Lease Obligation Related Terms

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Telenor ASA (Telenor ASA) Business Description

Address
Snaroyveien 30, Fornebu, NOR, N-1360
Telenor is an international provider of telecom, data, and media communication services. It is the incumbent dominant telecom operator in Norway and the Norwegian government holds a stake of more than 50% in the firm. Telenor also operates in other Nordic countries and owns several businesses in Asia. Most of Telenor's operations are mobile businesses, although it also has some fixed-line operations in Nordic European countries.

Telenor ASA (Telenor ASA) Headlines

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