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Sildarvinnslan HF (OISE:SVN) Long-Term Capital Lease Obligation : kr190 Mil (As of Dec. 2023)


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What is Sildarvinnslan HF Long-Term Capital Lease Obligation?

Sildarvinnslan HF's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr190 Mil.

Sildarvinnslan HF's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (kr230 Mil) to Sep. 2023 (kr217 Mil) and declined from Sep. 2023 (kr217 Mil) to Dec. 2023 (kr190 Mil).

Sildarvinnslan HF's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr0 Mil) to Dec. 2022 (kr211 Mil) but then declined from Dec. 2022 (kr211 Mil) to Dec. 2023 (kr190 Mil).


Sildarvinnslan HF Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sildarvinnslan 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.

* Premium members only.

Sildarvinnslan HF Long-Term Capital Lease Obligation Chart

Sildarvinnslan HF Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - - - 211.34 190.01

Sildarvinnslan HF Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 211.34 236.99 229.74 216.77 190.01

Sildarvinnslan HF  (OISE:SVN) 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.

Sildarvinnslan HF Long-Term Capital Lease Obligation Related Terms

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Sildarvinnslan HF (OISE:SVN) Business Description

Traded in Other Exchanges
N/A
Address
Hafnarbraut 6, Fjaroabyggo, ISL, 740
Sildarvinnslan HF is the largest and most powerful fishery company. It is the most active in Iceland in the field of fishing and processing of pelagic species and the largest producer of fishmeal and fish oil.

Sildarvinnslan HF (OISE:SVN) Headlines

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