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Netel Holding AB (OSTO:NETEL) Long-Term Capital Lease Obligation : kr0 Mil (As of Mar. 2024)


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What is Netel Holding AB Long-Term Capital Lease Obligation?

Netel Holding AB's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil.

Netel Holding AB's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr52 Mil) but then declined from Dec. 2023 (kr52 Mil) to Mar. 2024 (kr0 Mil).

Netel Holding AB's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr55 Mil) to Dec. 2022 (kr70 Mil) but then declined from Dec. 2022 (kr70 Mil) to Dec. 2023 (kr52 Mil).


Netel Holding AB Long-Term Capital Lease Obligation Historical Data

The historical data trend for Netel Holding AB'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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Netel Holding AB Long-Term Capital Lease Obligation Chart

Netel Holding AB Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 65.43 43.00 55.00 70.00 52.00

Netel Holding AB Quarterly Data
Dec18 Dec19 Jun20 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 Premium Member Only Premium Member Only - - - 52.00 -

Netel Holding AB  (OSTO:NETEL) 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.

Netel Holding AB Long-Term Capital Lease Obligation Related Terms

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Netel Holding AB (OSTO:NETEL) Business Description

Industry
Traded in Other Exchanges
Address
Fagelviksvagen 9, 7th Floor, Stockholm, SWE, SE-145 84
Netel Holding AB is a specialist in critical infrastructure projects and services. It offers customers efficient, high-quality infrastructure projects and services through its extensive experience, broad geographical presence, and decentralized organization. It caters to industry players in power, telecommunications, and heating as well as water and sewage in carrying out projects as well as services and maintenance. The Group has five operating segments: Sweden, Norway, Finland, Germany, and the United Kingdom, out of which the company earns a majority of its revenue from Sweden.

Netel Holding AB (OSTO:NETEL) Headlines

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