GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheniere Energy Partners LP (NYSE:CQP) » Definitions » Long-Term Capital Lease Obligation

Cheniere Energy Partners LP (Cheniere Energy Partners LP) Long-Term Capital Lease Obligation : $82 Mil (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Cheniere Energy Partners LP Long-Term Capital Lease Obligation?

Cheniere Energy Partners LP's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $82 Mil.

Cheniere Energy Partners LP's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($89 Mil) to Dec. 2023 ($85 Mil) and declined from Dec. 2023 ($85 Mil) to Mar. 2024 ($82 Mil).

Cheniere Energy Partners LP's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($89 Mil) to Dec. 2022 ($98 Mil) but then declined from Dec. 2022 ($98 Mil) to Dec. 2023 ($85 Mil).


Cheniere Energy Partners LP Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cheniere Energy Partners LP'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.

Cheniere Energy Partners LP Long-Term Capital Lease Obligation Chart

Cheniere Energy Partners LP 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 87.00 90.00 89.00 98.00 85.00

Cheniere Energy Partners LP 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 95.00 91.00 89.00 85.00 82.00

Cheniere Energy Partners LP  (NYSE:CQP) 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.

Cheniere Energy Partners LP Long-Term Capital Lease Obligation Related Terms

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


Cheniere Energy Partners LP (Cheniere Energy Partners LP) Business Description

Industry
Traded in Other Exchanges
N/A
Address
700 Milam Street, Suite 1900, Houston, TX, USA, 77002
Cheniere Energy Partners is the direct owner of the Sabine Pass LNG terminals as well as regasification facilities. It also owns the Creole Trail Pipeline, which connects the terminal to third-party gas suppliers. Cheniere Partners shares in the marketing fees generated by Cheniere Marketing from Sabine Pass marketed gas volumes.
Executives
Taylor Johnson director, other: Deputy GC and Asst. Sec. 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Grindal Corey director, officer: EVP, Worldwide Trading 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian Arthur Baker director 700 MILAM ST., SUITE 1900, HOUSTON TX 77002
Bx Rockies Platform Co Llc 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Iii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Christopher Manuel Dellamore director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Tim Wyatt director, officer: SVP, Corp. Dev. and Strategy 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
James Robert Ball director 4 PROVIDENCE VILLAS, BRACKENBURY, LONDON X0 W6 0BA
Adam Kuhnley director C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
David L Slack officer: VP & Chief Accounting Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Matthew Jk Runkle director 345 PARK AVENUE, NEW YORK NY 10154
Bam Partners Trust 10 percent owner 181 BAY STREET, SUITE 300, TORONTO A6 M5J 2T3
Gso Holdings I Llc 10 percent owner C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings Ii L.p. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154