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Rockwool AS (OCSE:ROCK A) Long-Term Capital Lease Obligation : kr0 Mil (As of Mar. 2024)


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What is Rockwool AS Long-Term Capital Lease Obligation?

Rockwool AS's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was kr0 Mil.

Rockwool AS's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr358 Mil) but then declined from Dec. 2023 (kr358 Mil) to Mar. 2024 (kr0 Mil).

Rockwool AS's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr327 Mil) to Dec. 2022 (kr454 Mil) but then declined from Dec. 2022 (kr454 Mil) to Dec. 2023 (kr358 Mil).


Rockwool AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rockwool AS'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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Rockwool AS Long-Term Capital Lease Obligation Chart

Rockwool AS 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 253.98 200.87 327.19 453.81 357.77

Rockwool AS 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 - - - 357.77 -

Rockwool AS  (OCSE:ROCK A) 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.

Rockwool AS Long-Term Capital Lease Obligation Related Terms

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Rockwool AS (OCSE:ROCK A) Business Description

Industry
Traded in Other Exchanges
Address
Hovedgaden 584, Hedehusene, DNK, 2640
Rockwool AS manufactures and sells building materials, including insulation, and roofing systems. The company organizes itself into two segments based on the product: Insulation and Systems. The Insulation segment, which generates the majority of revenue, sells building, industrial, and technical insulation and external thermal insulation wall systems to the construction industry. The Systems business sells acoustic ceilings and wall systems, external cladding systems, horticultural substrate solutions, engineered fiber solutions, and noise and vibration control to the construction and automotive industries. The majority of sales come from Europe.

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