Awilco Drilling (OSL:AWDR) Long-Term Capital Lease Obligation : kr0 Mil (As of Dec. 2023)

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What is Awilco Drilling Long-Term Capital Lease Obligation?

Awilco Drilling's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr0 Mil.

Awilco Drilling's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (kr1 Mil) to Jun. 2023 (kr0 Mil) but then stayed the same from Jun. 2023 (kr0 Mil) to Dec. 2023 (kr0 Mil).

Awilco Drilling's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (kr4 Mil) to Dec. 2022 (kr1 Mil) and declined from Dec. 2022 (kr1 Mil) to Dec. 2023 (kr0 Mil).

Awilco Drilling Long-Term Capital Lease Obligation Historical Data

The historical data trend for Awilco Drilling'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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Awilco Drilling Long-Term Capital Lease Obligation Chart

Awilco Drilling Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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9.62

8.86

3.81

1.44

Awilco Drilling Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	1.44	-	-

Awilco Drilling (OSL:AWDR) 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.

Awilco Drilling Long-Term Capital Lease Obligation Related Terms

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Awilco Drilling (OSL:AWDR) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Awilco Drilling PLC (OSL:AWDR) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

AWLCF:USA 0AI1:Germany

Address

2 Kingshill Park, Venture Drive, Arnhall Business Park, Westhill, Aberdeen, GBR, AB32 6FL

Website

https://www.awilcodrilling.com

Awilco Drilling PLC is engaged in operating the drilling rigs. Its business is to own offshore drilling rigs for use in offshore drilling operations and to provide drilling services for oil and gas companies using these rigs. Its segment provides drilling services in the United Kingdom. The company owns and operates approximately two semi-submersible drilling rigs: the WilPhoenix and WilHunter, both standardized rigs used in the drilling of oil and gas wells in the United Kingdom sector of the North Sea.

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