Alternergy Holdings (PHS:ALTER) Long-Term Capital Lease Obligation : ₱309.6 Mil (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Alternergy Holdings Long-Term Capital Lease Obligation?

Alternergy Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱309.6 Mil.

Alternergy Holdings's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (₱46.9 Mil) to Dec. 2023 (₱48.7 Mil) and increased from Dec. 2023 (₱48.7 Mil) to Mar. 2024 (₱309.6 Mil).

Alternergy Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₱0.0 Mil) to Jun. 2022 (₱47.0 Mil) but then declined from Jun. 2022 (₱47.0 Mil) to Jun. 2023 (₱46.9 Mil).

Alternergy Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Alternergy Holdings'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.

Alternergy Holdings Long-Term Capital Lease Obligation Chart

Alternergy Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Jun22

Jun23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.37

47.04

46.94

Alternergy Holdings Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Mar23	Jun23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							51.04	49.38	46.94	48.66	309.59

Alternergy Holdings (PHS:ALTER) 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.

Alternergy Holdings Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Alternergy Holdings's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Alternergy Holdings (PHS:ALTER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Alternergy Holdings Corp (PHS:ALTER) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paseo de Roxas corner Legazpi Street, Level 3B, 111 Paseo de Roxas Building, Legazpi Village, Makati, PHL, 1229

Website

https://www.alternergy.com

Alternergy Holdings Corp is a renewable energy holding company. The company's segments include Wind Energy; Hydro Energy; Solar Energy and Retail Energy Supplier (RES). It generates maximum revenue from the Solar Energy segment. The Solar Energy segment includes Generation and supply of solar power to various customers under power supply contracts.

Alternergy Holdings (PHS:ALTER) Headlines

No Headlines