NNRRF (NRC Group ASA) Long-Term Capital Lease Obligation : $25.6 Mil (As of Sep. 2024)

View and export this data going back to . Start your Free Trial

What is NRC Group ASA Long-Term Capital Lease Obligation?

NRC Group ASA's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $25.6 Mil.

NRC Group ASA's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 ($26.8 Mil) to Jun. 2024 ($24.6 Mil) but then increased from Jun. 2024 ($24.6 Mil) to Sep. 2024 ($25.6 Mil).

NRC Group ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($35.5 Mil) to Dec. 2022 ($35.7 Mil) but then declined from Dec. 2022 ($35.7 Mil) to Dec. 2023 ($32.3 Mil).

NRC Group ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for NRC Group 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.

NRC Group ASA Long-Term Capital Lease Obligation Chart

NRC Group 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

37.57

45.48

35.52

35.73

32.32

NRC Group ASA Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															30.30	32.32	26.76	24.59	25.61

NRC Group ASA (OTCPK:NNRRF) 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.

NRC Group ASA Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of NRC Group ASA's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

NRC Group ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » NRC Group ASA (OTCPK:NNRRF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NRCo:Sweden NRC:Norway 0DSJ:UK

Address

Lysaker Torg 25, Lysaker, NOR, 1366

Website

https://www.nrcgroup.com

NRC Group ASA is a contractor of rail infrastructure. It offers delivers the complete value chain and in-house capabilities for the prioritized markets of rail construction, civil construction, rail maintenance, and environmental services Its services include groundworks, concrete works, fiber, and environmental services such as water and wastewater, demolition, recycling, and bulk transport. It has three operating segments based on its geography Norway, Sweden, and Finland, each segment consists of three operating divisions Norway Operates in Rail construction, Civil construction, and Environment, Sweden operates in Rail construction, Rail maintenance, and Civil Construction and Finland Rail construction, Rail maintenance, and Materials.