Ignitis Group AB (FRA:IGV) Long-Term Capital Lease Obligation : €86 Mil (As of Mar. 2025)

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What is Ignitis Group AB Long-Term Capital Lease Obligation?

Ignitis Group AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €86 Mil.

Ignitis Group AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€51 Mil) to Dec. 2024 (€68 Mil) and increased from Dec. 2024 (€68 Mil) to Mar. 2025 (€86 Mil).

Ignitis Group AB's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (€45 Mil) to Dec. 2023 (€42 Mil) but then increased from Dec. 2023 (€42 Mil) to Dec. 2024 (€68 Mil).

Ignitis Group AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ignitis Group AB'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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Ignitis Group AB Long-Term Capital Lease Obligation Chart

Ignitis Group AB Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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29.13

46.30

45.10

42.30

68.10

Ignitis Group AB 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															44.20	49.70	50.70	68.10	86.10

Ignitis Group AB (FRA:IGV) 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.

Ignitis Group AB Long-Term Capital Lease Obligation Related Terms

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Ignitis Group AB Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Ignitis Group AB (FRA:IGV) » Definitions » Long-Term Capital Lease Obligation

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IGN1L:Lithuania IGN:UK IGV0:Germany

Address

Laisves Avenue 10, Vilnius, LTU, LT-04215

Website

https://www.ignitisgrupe.lt

Ignitis Group AB is engaged in green electricity generation and development of green and flexible technologies, energy distribution and supply, development of energy-smart solutions and other related activities. It is focusing on green generation and green flexibility technologies: onshore and offshore wind, batteries, pumped-storage hydro and power-to-X (P2X). Its business segments include Green Capacities, Networks, Reserve Capacities, Customers & Solutions, and Others. The company derives maximum revenue from Customers & Solutions segment. Geographically, it operates in Lithuania, Poland, Latvia, Finland, Estonia and Other Countries, out of which Lithuania generates majority revenue.