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Telkom SOC (Telkom SOC) Long-Term Capital Lease Obligation : $235 Mil (As of Sep. 2023)


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What is Telkom SOC Long-Term Capital Lease Obligation?

Telkom SOC's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $235 Mil.

Telkom SOC's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 ($266 Mil) to Mar. 2023 ($253 Mil) and declined from Mar. 2023 ($253 Mil) to Sep. 2023 ($235 Mil).

Telkom SOC's annual Long-Term Capital Lease Obligation increased from Mar. 2021 ($251 Mil) to Mar. 2022 ($290 Mil) but then declined from Mar. 2022 ($290 Mil) to Mar. 2023 ($253 Mil).


Telkom SOC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Telkom SOC'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.

Telkom SOC Long-Term Capital Lease Obligation Chart

Telkom SOC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 222.35 251.32 290.11 252.86

Telkom SOC Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 294.35 290.11 265.71 252.86 234.85

Telkom SOC  (OTCPK:TLKGY) 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.

Telkom SOC Long-Term Capital Lease Obligation Related Terms

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Telkom SOC (Telkom SOC) Business Description

Traded in Other Exchanges
Address
61 Oak Avenue, Telkom Park, Highveld, Centurion, GT, ZAF, 0157
Telkom SA SOC Ltd provides fixed-line voice and data communications services in South Africa. The fixed-line segment has more than 4.5 million access lines in South Africa, where fixed-line penetration is 9.3%. Telkom offers wireless data services through subsidiary Swiftnet. The firm owns 75% of Multi-Links, a mobile operation in Nigeria with 1.78 million subscribers. The firm also owns Africa Online, which has more than 17,000 Internet customers throughout the continent.

Telkom SOC (Telkom SOC) Headlines

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