Other

Assets acquired under an operating lease

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.

Analysis

StatementIncome Statement
SectionOther
CategoryLeverage
SignalContext dependent
VolatilityModerate
First reportedQ1 2017
Last reportedQ4 2024Feb 11, 2026

How to read this metric

An increase indicates a shift toward leasing operational assets, which impacts the balance sheet and future lease payment obligations.

Detailed definition

The value of assets brought onto the balance sheet specifically through operating lease arrangements. This reflects the...

Peer comparison

Standard disclosure under lease accounting rules; comparable across utilities with similar asset-light or asset-heavy strategies.

Metric ID: other_noncashor_part_noncash_acquisition_fixed_assets_ac_ce8935

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value$6.00M$8.80M$5.60M$12.20M
YoY Change+46.7%-36.4%+117.9%
Range$5.60M$12.20M
CAGR+26.7%
Avg YoY Growth+42.7%
Median YoY Growth+46.7%

Frequently Asked Questions

What is NiSource's assets acquired under an operating lease?
NiSource (NI) reported assets acquired under an operating lease of $3.05M in Q4 2024.
How has NiSource's assets acquired under an operating lease changed year-over-year?
NiSource's assets acquired under an operating lease increased by 117.9% year-over-year, from $1.40M to $3.05M.
What is the long-term trend for NiSource's assets acquired under an operating lease?
Over 3 years (2021 to 2024), NiSource's assets acquired under an operating lease has grown at a 26.7% compound annual growth rate (CAGR), from $6.00M to $12.20M.
What does assets acquired under an operating lease mean?
The value of assets acquired specifically through operating leases.