Cool Co (OSL:CLCO) Long-Term Capital Lease Obligation : kr0 Mil (As of Mar. 2024)

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What is Cool Co Long-Term Capital Lease Obligation?

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

Cool Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (kr0 Mil) to Dec. 2023 (kr31 Mil) but then declined from Dec. 2023 (kr31 Mil) to Mar. 2024 (kr0 Mil).

Cool Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (kr0 Mil) to Dec. 2022 (kr5 Mil) and increased from Dec. 2022 (kr5 Mil) to Dec. 2023 (kr31 Mil).

Cool Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cool Co'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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Cool Co Long-Term Capital Lease Obligation Chart

Cool Co Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

5.04

30.70

Cool Co Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				-	-	-	30.70	-

Cool Co (OSL:CLCO) 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.

Cool Co Long-Term Capital Lease Obligation Related Terms

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Cool Co (OSL:CLCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cool Co Ltd (OSL:CLCO) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

CLCO:USA HQ3:Germany HQ3:Germany

Address

9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11

Website

https://www.coolcoltd.com

Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.