Nova Klubburinn hf (OISE:NOVA) Long-Term Capital Lease Obligation : kr6,649 Mil (As of Mar. 2025)

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What is Nova Klubburinn hf Long-Term Capital Lease Obligation?

Nova Klubburinn hf's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr6,649 Mil.

Nova Klubburinn hf's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (kr6,495 Mil) to Dec. 2024 (kr6,691 Mil) but then declined from Dec. 2024 (kr6,691 Mil) to Mar. 2025 (kr6,649 Mil).

Nova Klubburinn hf's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (kr6,039 Mil) to Dec. 2023 (kr6,329 Mil) and increased from Dec. 2023 (kr6,329 Mil) to Dec. 2024 (kr6,691 Mil).

Nova Klubburinn hf Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nova Klubburinn hf'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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Nova Klubburinn hf Long-Term Capital Lease Obligation Chart

Nova Klubburinn hf Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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1,121.00

5,223.12

6,038.57

6,328.51

6,690.62

Nova Klubburinn hf Quarterly Data
	Dec19	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														6,340.20	6,456.09	6,494.93	6,690.62	6,648.80

Nova Klubburinn hf (OISE:NOVA) 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.

Nova Klubburinn hf Long-Term Capital Lease Obligation Related Terms

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Nova Klubburinn hf Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Nova Klubburinn hf (OISE:NOVA) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

Lagmuli 9, Reykjavik, ISL, 108

Website

https://www.nova.is

Nova Klubburinn hf a full-service telecommunications company operating in Iceland. Nova's customers are individuals and small and medium sized corporations. It operates through three key business areas: mobile network, Fixed network and Goods sold and Others.