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Nutrien (XTER:N7T) Long-Term Capital Lease Obligation : €951 Mil (As of Mar. 2024)


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What is Nutrien Long-Term Capital Lease Obligation?

Nutrien's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was €951 Mil.

Nutrien's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (€844 Mil) to Dec. 2023 (€916 Mil) and increased from Dec. 2023 (€916 Mil) to Mar. 2024 (€951 Mil).

Nutrien's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (€827 Mil) to Dec. 2022 (€849 Mil) and increased from Dec. 2022 (€849 Mil) to Dec. 2023 (€916 Mil).


Nutrien Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nutrien'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.

Nutrien Long-Term Capital Lease Obligation Chart

Nutrien 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 773.10 732.40 826.59 848.66 916.08

Nutrien 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 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 821.92 794.70 844.24 916.08 951.28

Nutrien  (XTER:N7T) 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.

Nutrien Long-Term Capital Lease Obligation Related Terms

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Nutrien (XTER:N7T) Business Description

Industry
Traded in Other Exchanges
Address
211 19th Street East, Suite 1700, Saskatoon, SK, CAN, S7K 5R6
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with a roughly 20% market share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.

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