Pilatus Marine PCL (BKK:PLT) Long-Term Capital Lease Obligation : ฿170.2 Mil (As of Sep. 2023)

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What is Pilatus Marine PCL Long-Term Capital Lease Obligation?

Pilatus Marine PCL's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was ฿170.2 Mil.

Pilatus Marine PCL's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (฿89.8 Mil) to Jun. 2023 (฿62.7 Mil) but then increased from Jun. 2023 (฿62.7 Mil) to Sep. 2023 (฿170.2 Mil).

Pilatus Marine PCL's annual Long-Term Capital Lease Obligation increased from . 20 (฿0.0 Mil) to Dec. 2021 (฿97.0 Mil) but then declined from Dec. 2021 (฿97.0 Mil) to Dec. 2022 (฿89.8 Mil).

Pilatus Marine PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Pilatus Marine PCL'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.

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Pilatus Marine PCL Long-Term Capital Lease Obligation Chart

Pilatus Marine PCL Annual Data

Trend

Dec21

Dec22

Long-Term Capital Lease Obligation

96.96

89.81

Pilatus Marine PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	-	89.81	62.67	170.16

Pilatus Marine PCL (BKK:PLT) 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.

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Pilatus Marine PCL (BKK:PLT) Business Description

Industry

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Address

84/1-4 Young Place Grand Le Jardin, 1st – 4th Floor, Soi Phahon Yothin 37, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website

https://www.pilatusmarine.co.th

Pilatus Marine PCL is Thailand's leading owner and operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The company leased the vessel to transport liquefied petroleum gas from other companies and It also provides liquefied petroleum gas transportation by truck.

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