Northland Power (TSX:NPI) Long-Term Capital Lease Obligation : C$0 Mil (As of Mar. 2024)

View and export this data going back to 1997. Start your Free Trial

What is Northland Power Long-Term Capital Lease Obligation?

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

Northland Power's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (C$138 Mil) to Dec. 2022 (C$138 Mil) but then declined from Dec. 2022 (C$138 Mil) to Dec. 2023 (C$0 Mil).

Northland Power Long-Term Capital Lease Obligation Historical Data

The historical data trend for Northland Power'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.

Northland Power Long-Term Capital Lease Obligation Chart

Northland Power Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

138.06

138.46

Northland Power 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															-	-	-	-	-

Northland Power (TSX:NPI) 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.

Northland Power Long-Term Capital Lease Obligation Related Terms

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

Northland Power (TSX:NPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Northland Power Inc (TSX:NPI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NPIFF:USA 1NR:Germany NPI.PR.B.PFD:Canada NPI.PR.A.PFD:Canada

Address

30 St. Clair Avenue West, 17th Floor, Toronto, ON, CAN, M4V 3A1

Website

https://www.northlandpower.com

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company's largest segment over the long term. Northland's growth opportunities are global and span North America, Europe, Latin America, and Asia.

Executives

Eckhardt Guenter Ruemmler

Director