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Norwegian Air Shuttle ASA (CHIX:NASO) Long-Term Capital Lease Obligation : kr9,083 Mil (As of Mar. 2025)


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What is Norwegian Air Shuttle ASA Long-Term Capital Lease Obligation?

Norwegian Air Shuttle ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr9,083 Mil.

Norwegian Air Shuttle ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (kr8,856 Mil) to Dec. 2024 (kr9,301 Mil) but then declined from Dec. 2024 (kr9,301 Mil) to Mar. 2025 (kr9,083 Mil).

Norwegian Air Shuttle ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (kr4,646 Mil) to Dec. 2023 (kr8,689 Mil) and increased from Dec. 2023 (kr8,689 Mil) to Dec. 2024 (kr9,301 Mil).


Norwegian Air Shuttle ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Norwegian Air Shuttle 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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Norwegian Air Shuttle ASA Long-Term Capital Lease Obligation Chart

Norwegian Air Shuttle ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 185.70 4,434.80 4,646.20 8,688.80 9,301.10

Norwegian Air Shuttle ASA Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 9,655.60 9,490.40 8,856.20 9,301.10 9,083.40

Norwegian Air Shuttle ASA  (CHIX:NASo) 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.

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Norwegian Air Shuttle ASA Business Description

Address
Oksenoyveien 3, Fornebu, P.O. Box 113, Lysaker, NOR, NO-1366
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to destinations in Europe. The company has organized its operations into three functional business areas, including Commercial, Operations, and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.