Orkla ASA (OSTO:ORKO) Long-Term Capital Lease Obligation : kr1,774 Mil (As of Mar. 2024)

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What is Orkla ASA Long-Term Capital Lease Obligation?

Orkla ASA's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr1,774 Mil.

Orkla ASA's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr1,628 Mil) to Dec. 2023 (kr1,796 Mil) but then declined from Dec. 2023 (kr1,796 Mil) to Mar. 2024 (kr1,774 Mil).

Orkla ASA's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr1,516 Mil) to Dec. 2022 (kr1,529 Mil) and increased from Dec. 2022 (kr1,529 Mil) to Dec. 2023 (kr1,796 Mil).

Orkla ASA Long-Term Capital Lease Obligation Historical Data

The historical data trend for Orkla 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.

* Premium members only.

Orkla ASA Long-Term Capital Lease Obligation Chart

Orkla ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,295.00

1,152.00

1,516.00

1,529.00

1,796.00

Orkla ASA Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															1,692.00	1,672.00	1,628.00	1,796.00	1,774.00

Orkla ASA (OSTO:ORKo) 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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Orkla ASA (OSTO:ORKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Orkla ASA (OSTO:ORKo) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

ORKLY:USA ORKLF:USA ORK:Norway ORKo:UK 0FIN:UK OKL:Germany

Address

Drammensveien 149, Oslo, NOR, NO-0277

Website

https://www.orkla.no

Orkla ASA is a branded consumer goods company, originally from Norway. Its business consists of the following divisions: Orkla Foods, Orkla Confectionery and Snacks, Orkla Care, Orkla Food Ingredients, and Orkla Consumer & Financial Investments business. Orkla offers its products to the grocery sector, specialty retailers, out-of-home sectors, and the bakery market. Orkla's main geographical markets are the Nordic and Norway regions, which account for more than half of the total sales. The Orkla Group also sells some of its product categories in Central Europe and India.

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