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Tatneft PJSC (Tatneft PJSC) Long-Term Capital Lease Obligation : $134 Mil (As of Jun. 2022)


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What is Tatneft PJSC Long-Term Capital Lease Obligation?

Tatneft PJSC's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2022 was $134 Mil.

Tatneft PJSC's quarterly Long-Term Capital Lease Obligation increased from Sep. 2021 ($129 Mil) to Dec. 2021 ($140 Mil) but then declined from Dec. 2021 ($140 Mil) to Jun. 2022 ($134 Mil).

Tatneft PJSC's annual Long-Term Capital Lease Obligation declined from Dec. 2019 ($187 Mil) to Dec. 2020 ($143 Mil) and declined from Dec. 2020 ($143 Mil) to Dec. 2021 ($140 Mil).


Tatneft PJSC Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tatneft PJSC'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.

Tatneft PJSC Long-Term Capital Lease Obligation Chart

Tatneft PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 186.83 143.30 139.64

Tatneft PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22
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 132.88 132.69 129.48 139.64 133.68

Tatneft PJSC  (OTCPK:OAOFY) 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.

Tatneft PJSC Long-Term Capital Lease Obligation Related Terms

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Tatneft PJSC (Tatneft PJSC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tatneft PJSC (OTCPK:OAOFY) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
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Address
75 Lenin Street, Republic of Tatarstan, Almetyevsk, RUS, 423450
Tatneft PJSC is an integrated oil and gas company based in Russia. Its operations include developing, producing, refining, and retailing oil and gas. Upstream, the company explores and produces oil within Western Russian oilfields. A large portion of its crude oil is sent to its Taneco refinery, or is sold to other Russian refineries. The remaining crude is exported to further markets, mainly Europe. Downstream, Tatneft refines and markets numerous petroleum and gas products. It then captures retail revenue from its filling stations, most of which are in Russia.

Tatneft PJSC (Tatneft PJSC) Headlines

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