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Badger Infrastructure Solutions (TSX:BDGI) Long-Term Capital Lease Obligation : C$43.9 Mil (As of Mar. 2024)


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What is Badger Infrastructure Solutions Long-Term Capital Lease Obligation?

Badger Infrastructure Solutions's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$43.9 Mil.

Badger Infrastructure Solutions's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (C$40.9 Mil) to Dec. 2023 (C$43.1 Mil) and increased from Dec. 2023 (C$43.1 Mil) to Mar. 2024 (C$43.9 Mil).

Badger Infrastructure Solutions's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (C$12.2 Mil) to Dec. 2022 (C$24.9 Mil) and increased from Dec. 2022 (C$24.9 Mil) to Dec. 2023 (C$43.1 Mil).


Badger Infrastructure Solutions Long-Term Capital Lease Obligation Historical Data

The historical data trend for Badger Infrastructure Solutions'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.

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Badger Infrastructure Solutions Long-Term Capital Lease Obligation Chart

Badger Infrastructure Solutions 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 11.54 9.86 12.21 24.94 43.13

Badger Infrastructure Solutions 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 30.95 36.15 40.86 43.13 43.86

Badger Infrastructure Solutions  (TSX:BDGI) 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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Badger Infrastructure Solutions (TSX:BDGI) Business Description

Traded in Other Exchanges
Address
911 - 11th Avenue SW, Suite 400, ATCO Building ll, 4th Floor, Calgary, AB, CAN, T2R 1P3
Badger Infrastructure Solutions Ltd is North America's provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes. Badger's two reportable segments are Canada and the United States.
Executives
Stephen James Jones Director
Joseph Patrick Wieneke Senior Officer

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