Nordex SE (Nordex SE) Long-Term Capital Lease Obligation : $0 Mil (As of Mar. 2024)

View and export this data going back to 2015. Start your Free Trial

What is Nordex SE Long-Term Capital Lease Obligation?

Nordex SE's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0 Mil.

Nordex SE's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($150 Mil) to Dec. 2023 ($153 Mil) but then declined from Dec. 2023 ($153 Mil) to Mar. 2024 ($0 Mil).

Nordex SE's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($114 Mil) to Dec. 2022 ($167 Mil) but then declined from Dec. 2022 ($167 Mil) to Dec. 2023 ($153 Mil).

Nordex SE Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nordex SE'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.

Nordex SE Long-Term Capital Lease Obligation Chart

Nordex SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

95.67

96.72

114.02

167.45

153.35

Nordex SE 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															161.78	158.10	149.95	153.35	-

Nordex SE (OTCPK:NRXXY) 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.

Nordex SE Long-Term Capital Lease Obligation Related Terms

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

Nordex SE (Nordex SE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nordex SE (OTCPK:NRXXY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NRDXF:USA 1NDX:Italy NDX1d:UK 0MEC:UK NDX1:Germany NDX1:Austria

Address

Langenhorner Chaussee 600, Hamburg, DEU, 22419

Website

https://www.nordex-online.com

Nordex SE is a German company that develops, manufactures, services, and markets wind power systems. The company manages its activities via Projects and Service segments. The projects segment includes all activities associated with the development, production, assembly and commissioning of wind turbines and project development business. The services segment encompasses services and projects for existing turbines after their handover to customers. In particular, this includes technical services such as maintenance and remote monitoring of wind farms as well as repair and technical enhancements for existing turbines. The majority of the sales are done through the projects segment.