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Rana Gruber ASA (OSL:RANA) Long-Term Capital Lease Obligation : kr200 Mil (As of Mar. 2025)


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What is Rana Gruber ASA Long-Term Capital Lease Obligation?

Rana Gruber ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was kr200 Mil.

Rana Gruber ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (kr203 Mil) to Dec. 2024 (kr217 Mil) but then declined from Dec. 2024 (kr217 Mil) to Mar. 2025 (kr200 Mil).

Rana Gruber ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (kr97 Mil) to Dec. 2023 (kr145 Mil) and increased from Dec. 2023 (kr145 Mil) to Dec. 2024 (kr217 Mil).


Rana Gruber ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rana Gruber 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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Rana Gruber ASA Long-Term Capital Lease Obligation Chart

Rana Gruber ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 89.48 82.60 97.20 144.89 217.02

Rana Gruber 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 167.40 177.36 202.59 217.02 200.48

Rana Gruber ASA  (OSL:RANA) 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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Rana Gruber ASA Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Rana Gruber ASA (OSL:RANA) » Definitions » Long-Term Capital Lease Obligation
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Mjolanveien 29, Mo i Rana, NOR, 8622
Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry. The majority of revenue from contracts with customers arise from the sale of hematite products.

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