Other
Leased devices transferred from inventory to property and equipment
NiSource Leased devices transferred from inventory to property and equipment remained flat by 0.0% to $16.48M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $16.13M to $16.48M. Over 3 years (FY 2021 to FY 2024), Leased devices transferred from inventory to property and equipment shows an upward trend with a 43.3% CAGR.
Analysis
StatementIncome Statement
SectionOther
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2016
Last reportedQ4 2024Feb 11, 2026
How to read this metric
High levels of non-cash acquisitions suggest a strategy of financing asset growth through leases rather than direct capital expenditure.
Detailed definition
This metric captures the value of fixed assets acquired through non-cash means, such as finance leases or equipment tran...
Peer comparison
Standard accounting disclosure; used to reconcile total asset growth with cash-based capital expenditures.
Metric ID:
other_noncash_or_part_noncash_acquisition_fixed_assets_a_6ef148Historical Data
4 years
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $22.40M | $19.30M | $64.50M | $65.90M |
| YoY Change | — | -13.8% | +234.2% | +2.2% |
Range$19.30M – $65.90M
CAGR+43.3%
Avg YoY Growth+74.2%
Median YoY Growth+2.2%
Current Streak2 years growth
Leased devices transferred from inventory to property and equipment at Other Companies
Frequently Asked Questions
- What is NiSource's leased devices transferred from inventory to property and equipment?
- NiSource (NI) reported leased devices transferred from inventory to property and equipment of $16.48M in Q4 2024.
- How has NiSource's leased devices transferred from inventory to property and equipment changed year-over-year?
- NiSource's leased devices transferred from inventory to property and equipment increased by 2.2% year-over-year, from $16.13M to $16.48M.
- What is the long-term trend for NiSource's leased devices transferred from inventory to property and equipment?
- Over 3 years (2021 to 2024), NiSource's leased devices transferred from inventory to property and equipment has grown at a 43.3% compound annual growth rate (CAGR), from $22.40M to $65.90M.
- What does leased devices transferred from inventory to property and equipment mean?
- The value of new equipment or assets acquired without an immediate cash outlay.