Icelandiclmon AS (OSL:ISLAX) Long-Term Capital Lease Obligation : kr55 Mil (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Icelandiclmon AS Long-Term Capital Lease Obligation?

Icelandiclmon AS's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr55 Mil.

Icelandiclmon AS's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (kr60 Mil) to Jun. 2023 (kr59 Mil) and declined from Jun. 2023 (kr59 Mil) to Dec. 2023 (kr55 Mil).

Icelandiclmon AS's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr49 Mil) to Dec. 2022 (kr60 Mil) but then declined from Dec. 2022 (kr60 Mil) to Dec. 2023 (kr55 Mil).

Icelandiclmon AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Icelandiclmon 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.

Icelandiclmon AS Long-Term Capital Lease Obligation Chart

Icelandiclmon AS Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2.38

15.27

48.74

60.24

54.90

Icelandiclmon AS Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial						48.74	63.54	60.24	58.79	54.90

Icelandiclmon AS (OSL:ISLAX) 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.

Icelandiclmon AS Long-Term Capital Lease Obligation Related Terms

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

Icelandiclmon AS (OSL:ISLAX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Icelandic Salmon AS (OSL:ISLAX) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ISLAX:Iceland

Address

Industriveien 51, Kverva, NOR, 7266

Website

https://www.arnarlax.is

Icelandic Salmon AS is an aquaculture company in Iceland. It is engaged in the production, processing, and sale of high-quality Icelandic salmon. Geographically, it derives a majority of revenue from Europe excluding Norway.

Icelandiclmon AS (OSL:ISLAX) Headlines

No Headlines