The Okomu Oil Palm Co (NSA:OKMO) Short-Term Capital Lease Obligation : ₦2,575 Mil (As of Dec. 2023)

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What is The Okomu Oil Palm Co Short-Term Capital Lease Obligation?

The Okomu Oil Palm Co's Short-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₦2,575 Mil.

The Okomu Oil Palm Co's quarterly Short-Term Capital Lease Obligation stayed the same from Jun. 2023 (₦0 Mil) to Sep. 2023 (₦0 Mil) but then increased from Sep. 2023 (₦0 Mil) to Dec. 2023 (₦2,575 Mil).

The Okomu Oil Palm Co's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (₦68 Mil) to Dec. 2022 (₦79 Mil) and increased from Dec. 2022 (₦79 Mil) to Dec. 2023 (₦2,575 Mil).

The Okomu Oil Palm Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for The Okomu Oil Palm Co's Short-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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The Okomu Oil Palm Co Short-Term Capital Lease Obligation Chart

The Okomu Oil Palm Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Short-Term Capital Lease Obligation

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57.73

67.55

79.03

2,575.14

The Okomu Oil Palm Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															79.03	-	-	-	2,575.14

The Okomu Oil Palm Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

The Okomu Oil Palm Co Short-Term Capital Lease Obligation Related Terms

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The Okomu Oil Palm Co (NSA:OKMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » The Okomu Oil Palm Co PLC (NSA:OKMO) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

Okomu-Udo, Ovia South West LGA, P.M.B, Benin, NGA, 1449

Website

https://www.okomunigeria.com

The Okomu Oil Palm Co PLC engages in the cultivation of oil palm and rubber in Nigeria. The company has three reportable segments; the Palm Plantation segment, which produces fresh fruit bunches, crude palm oil, and crude palm kernel; the Rubber Plantation segment, which produces latex and rubber cake; and the Palm Processing segment, which renders palm processing from the company's mill processing equipment. The company processes fresh fruit bunches into crude palm oil for resale, and rubber lumps to rubber cake for export. The company generates maximum revenue from Palm oil products and Rubber products.

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