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SNC-Lavalin Group (SNC-Lavalin Group) Long-Term Capital Lease Obligation : $236 Mil (As of Dec. 2023)


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What is SNC-Lavalin Group Long-Term Capital Lease Obligation?

SNC-Lavalin Group's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $236 Mil.

SNC-Lavalin Group's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($256 Mil) to Sep. 2023 ($238 Mil) and declined from Sep. 2023 ($238 Mil) to Dec. 2023 ($236 Mil).

SNC-Lavalin Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($317 Mil) to Dec. 2022 ($257 Mil) and declined from Dec. 2022 ($257 Mil) to Dec. 2023 ($236 Mil).

SNC-Lavalin Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for SNC-Lavalin Group'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.

SNC-Lavalin Group Long-Term Capital Lease Obligation Chart

SNC-Lavalin Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 365.01 311.66 316.99 256.65 235.85

SNC-Lavalin Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 256.65 254.42 255.77 237.91 235.85

SNC-Lavalin Group  (OTCPK:SNCAF) 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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SNC-Lavalin Group (SNC-Lavalin Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » SNC-Lavalin Group Inc (OTCPK:SNCAF) » Definitions » Long-Term Capital Lease Obligation
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Traded in Other Exchanges
LAV:Germany ATRL:Canada
Address
455 Rene-Levesque Boulevard West, Montreal, QC, CAN, H2Z 1Z3
Website
https://www.snclavalin.com
Based in Montreal, AtkinsRealis is a fully integrated professional services and project management firm that offers a wide range of services, including financing, consulting, engineering and construction, procurement, and operations and maintenance. The firm serves clients in the infrastructure, nuclear, and engineering design and project management industries. Additionally, the company owns infrastructure projects through its capital segment. AtkinsRealis generated approximately CAD 7.5 billion in sales in 2022.