Duke Energy Finance Lease, Right-of-Use Asset, Accumulated Amortization decreased by 57.1% to $3.00M in Q4 2023 compared to the prior quarter.
Increasing amortization indicates the aging of the lease portfolio and the gradual consumption of the right-of-use asset value.
This is the cumulative amortization recorded against the right-of-use assets acquired through finance leases. It reflect...
Standard accounting metric for finance leases; should be viewed in proportion to the gross right-of-use asset value.
other_finance_lease_right_of_use_asset_accumulated_amortization| Q4 '22 | Q4 '23 | |
|---|---|---|
| Value | $7.00M | $3.00M |
| QoQ Change | — | -57.1% |
| YoY Change | — | -57.1% |