Wartsila (Wartsila) Long-Term Capital Lease Obligation : $250 Mil (As of Mar. 2024)

View and export this data going back to 2013. Start your Free Trial

What is Wartsila Long-Term Capital Lease Obligation?

Wartsila's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $250 Mil.

Wartsila's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($245 Mil) to Dec. 2023 ($244 Mil) but then increased from Dec. 2023 ($244 Mil) to Mar. 2024 ($250 Mil).

Wartsila's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($177 Mil) to Dec. 2022 ($236 Mil) and increased from Dec. 2022 ($236 Mil) to Dec. 2023 ($244 Mil).

Wartsila Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wartsila'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.

Wartsila Long-Term Capital Lease Obligation Chart

Wartsila Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

162.22

150.85

177.40

236.23

244.28

Wartsila 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															248.39	248.10	245.46	244.28	250.00

Wartsila (OTCPK:WRTBF) 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.

Wartsila Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Wartsila's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Wartsila (Wartsila) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Wartsila Corp (OTCPK:WRTBF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

WRTBY:USA WRT1Vh:UK 0IKJ:UK WRT1V:Finland MTA:Germany

Address

Hiililaiturinkuja 2, Helsinki, FIN, FI-00180

Website

https://www.wartsila.com

Wartsila is a global manufacturer of critical equipment and services for the marine and energy markets with operations in over 70 countries. Approximately one half of the group's sales are derived from the sale of services and spare parts through its network of 258 sales and service network locations. Wartsila is listed on the Nasdaq Helsinki exchange in Finland. Approximately 1 in 3 oceangoing vessels has a Wartsila solution on board, translating into an installed base of over 50,000 vessels and 10,000 customers.

Wartsila (Wartsila) Headlines

From GuruFocus

Unveiling the Dividend Dynamics of Wartsila Corp (WRTBY)

By GuruFocus Research • 09-12-2023