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Gigantelmon AS (OSL:GIGA) Long-Term Capital Lease Obligation : kr81.41 Mil (As of Mar. 2024)


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What is Gigantelmon AS Long-Term Capital Lease Obligation?

Gigantelmon AS's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr81.41 Mil.

Gigantelmon AS's quarterly Long-Term Capital Lease Obligation stayed the same from Sep. 2023 (kr0.00 Mil) to Dec. 2023 (kr0.00 Mil) but then increased from Dec. 2023 (kr0.00 Mil) to Mar. 2024 (kr81.41 Mil).


Gigantelmon AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gigantelmon AS'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.

Gigantelmon AS Long-Term Capital Lease Obligation Chart

Gigantelmon AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- - - - -

Gigantelmon AS Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - 81.41

Gigantelmon AS  (OSL:GIGA) 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.

Gigantelmon AS Long-Term Capital Lease Obligation Related Terms

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Gigantelmon AS (OSL:GIGA) Business Description

Traded in Other Exchanges
Address
Sjogata 21, Bodo, NOR, 8006
Gigante Salmon AS is engaged in the salmon farming business.

Gigantelmon AS (OSL:GIGA) Headlines

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