Thanachart Capital PCL (BKK:TCAP) Long-Term Capital Lease Obligation : ฿310 Mil (As of Dec. 2023)

View and export this data going back to 1975. Start your Free Trial

What is Thanachart Capital PCL Long-Term Capital Lease Obligation?

Thanachart Capital PCL's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿310 Mil.

Thanachart Capital PCL's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (฿310 Mil) to Sep. 2023 (฿320 Mil) but then declined from Sep. 2023 (฿320 Mil) to Dec. 2023 (฿310 Mil).

Thanachart Capital PCL's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (฿387 Mil) to Dec. 2022 (฿346 Mil) and declined from Dec. 2022 (฿346 Mil) to Dec. 2023 (฿310 Mil).

Thanachart Capital PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Thanachart Capital 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.

* Premium members only.

Thanachart Capital PCL Long-Term Capital Lease Obligation Chart

Thanachart Capital PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

8.00

435.00

387.00

346.00

310.00

Thanachart Capital PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															346.00	328.00	310.00	320.00	310.00

Thanachart Capital PCL (BKK:TCAP) 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.

Thanachart Capital PCL Long-Term Capital Lease Obligation Related Terms

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

Thanachart Capital PCL (BKK:TCAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Thanachart Capital PCL (BKK:TCAP) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NFPH:Germany

Address

Phayathai Road, 444, 16-17th Floor, MBK Tower, Wangmai, Pathumwan, Bangkok, THA, 10330

Website

https://www.thanachart.co.th

Thanachart Capital PCL is an investment holding company domiciled in Thailand. Through its subsidiaries, the company offers banking products such as deposits and credit cards; personal, housing, business and corporate loans; funds transfer and Western Union services; and transaction accounts. Thanachart Capital provides securities services such as brokerage, proprietary trading, security borrowing, and lending and investment advisory services. In addition to banking and securities services, the company provides life insurance, health protection, and general insurance products to individuals, institutions, and organizations. The company derives almost all of its revenue domestically.

Thanachart Capital PCL (BKK:TCAP) Headlines

No Headlines