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Cavendish Hydrogen ASA (OSL:CAVEN) Long-Term Capital Lease Obligation : kr3.5 Mil (As of Mar. 2025)


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What is Cavendish Hydrogen ASA Long-Term Capital Lease Obligation?

Cavendish Hydrogen ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr3.5 Mil.

Cavendish Hydrogen ASA's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (kr4.7 Mil) to Dec. 2024 (kr4.2 Mil) and declined from Dec. 2024 (kr4.2 Mil) to Mar. 2025 (kr3.5 Mil).

Cavendish Hydrogen ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (kr3.4 Mil) to Dec. 2023 (kr6.9 Mil) but then declined from Dec. 2023 (kr6.9 Mil) to Dec. 2024 (kr4.2 Mil).


Cavendish Hydrogen ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cavendish Hydrogen 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.

Cavendish Hydrogen ASA Long-Term Capital Lease Obligation Chart

Cavendish Hydrogen ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
2.57 3.06 3.42 6.90 4.21

Cavendish Hydrogen ASA Quarterly Data
Dec20 Dec21 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 6.16 5.71 4.72 4.21 3.46

Cavendish Hydrogen ASA  (OSL:CAVEN) 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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Cavendish Hydrogen ASA Business Description

Traded in Other Exchanges
Address
Dronning Eufemias gate 16, Oslo, NOR, N-0191
Cavendish Hydrogen ASA is a hydrogen fueling company that specializes in the development, production, marketing, sales, installation, commissioning and service of equipment for fueling hydrogen to on road vehicles. The company's core product is hydrogen fueling stations that provide fuel cell electric vehicles (FCEV) including cars, vans, buses and trucks with comparable fast fueling and long range as conventional vehicles today. Beside pure sales of the fueling stations the company offers services such as project execution, site engineering, installation, commissioning, operation support and service and maintenance for its own products. The company operates globally with offices in Denmark, USA, South Korea and Austria.

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