PT United Tractors Tbk (PT United Tractors Tbk) Long-Term Capital Lease Obligation : $46 Mil (As of Mar. 2024)

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What is PT United Tractors Tbk Long-Term Capital Lease Obligation?

PT United Tractors Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $46 Mil.

PT United Tractors Tbk's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 ($42 Mil) to Dec. 2023 ($55 Mil) but then declined from Dec. 2023 ($55 Mil) to Mar. 2024 ($46 Mil).

PT United Tractors Tbk's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($32 Mil) to Dec. 2022 ($57 Mil) but then declined from Dec. 2022 ($57 Mil) to Dec. 2023 ($55 Mil).

PT United Tractors Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT United Tractors Tbk's Long-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.

* Premium members only.

PT United Tractors Tbk Long-Term Capital Lease Obligation Chart

PT United Tractors Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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30.90

44.45

32.40

57.05

54.62

PT United Tractors Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															52.91	47.84	42.31	54.62	46.10

PT United Tractors Tbk (OTCPK:PUTKY) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

PT United Tractors Tbk Long-Term Capital Lease Obligation Related Terms

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PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT United Tractors Tbk (OTCPK:PUTKY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

PUTKF:USA UNTR:Indonesia UTY:Germany

Address

Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910

Website

https://www.unitedtractors.com

PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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