NiSource Assets acquired under an operating lease remained flat by 0.0% to $3.05M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 117.9%, from $1.40M to $3.05M. Over 3 years (FY 2021 to FY 2024), Assets acquired under an operating lease shows an upward trend with a 26.7% CAGR.
An increase indicates a shift toward leasing operational assets, which impacts the balance sheet and future lease payment obligations.
The value of assets brought onto the balance sheet specifically through operating lease arrangements. This reflects the...
Standard disclosure under lease accounting rules; comparable across utilities with similar asset-light or asset-heavy strategies.
other_noncashor_part_noncash_acquisition_fixed_assets_ac_ce8935| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $6.00M | $8.80M | $5.60M | $12.20M |
| YoY Change | — | +46.7% | -36.4% | +117.9% |