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Norbit ASA (OSL:NORBT) Long-Term Capital Lease Obligation : kr76 Mil (As of Mar. 2025)


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What is Norbit ASA Long-Term Capital Lease Obligation?

Norbit ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr76 Mil.

Norbit ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (kr71 Mil) to Dec. 2024 (kr74 Mil) and increased from Dec. 2024 (kr74 Mil) to Mar. 2025 (kr76 Mil).

Norbit ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (kr24 Mil) to Dec. 2023 (kr38 Mil) and increased from Dec. 2023 (kr38 Mil) to Dec. 2024 (kr74 Mil).


Norbit ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Norbit 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.

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Norbit ASA Long-Term Capital Lease Obligation Chart

Norbit ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.70 6.50 24.00 37.50 74.40

Norbit ASA Quarterly Data
Jun20 Sep20 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 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 Premium Member Only Premium Member Only Premium Member Only 44.70 66.10 71.10 74.40 76.30

Norbit ASA  (OSL:NORBT) 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.

Norbit ASA Long-Term Capital Lease Obligation Related Terms

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Norbit ASA Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Norbit ASA (OSL:NORBT) » Definitions » Long-Term Capital Lease Obligation
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Stiklestadveien 1, Trondheim, NOR, NO-7041
Norbit ASA is l provider of tailored technology to selected applications by solving challenges through solutions. It operates in three segments namely, the Oceans segment which delivers tailored technology and solutions to the maritime markets, Connectivity (ITS) segment which offers tailored connectivity solutions based on short-range communication technology to intelligent traffic systems and truck applications, and The Product, Innovation & Realization (PIR) segment offers R&D services and contract manufacturing services to key customers. It has manufacturing facilities in Selbu and Roros. It derives maximum revenue from Oceans Segment.

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