Thai Credit Bank PCL (BKK:CREDIT) Long-Term Capital Lease Obligation : ฿0 Mil (As of Mar. 2025)

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What is Thai Credit Bank PCL Long-Term Capital Lease Obligation?

Thai Credit Bank PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿0 Mil.

Thai Credit Bank PCL's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (฿0 Mil) to Dec. 2024 (฿902 Mil) but then declined from Dec. 2024 (฿902 Mil) to Mar. 2025 (฿0 Mil).

Thai Credit Bank PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (฿689 Mil) to Dec. 2023 (฿809 Mil) and increased from Dec. 2023 (฿809 Mil) to Dec. 2024 (฿902 Mil).

Thai Credit Bank PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Thai Credit Bank 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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Thai Credit Bank PCL Long-Term Capital Lease Obligation Chart

Thai Credit Bank PCL Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

930.45

688.56

808.92

902.37

Thai Credit Bank PCL Quarterly Data
	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial							-	871.36	-	902.37	-

Thai Credit Bank PCL (BKK:CREDIT) 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.

Thai Credit Bank PCL Long-Term Capital Lease Obligation Related Terms

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Thai Credit Bank PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Thai Credit Bank PCL (BKK:CREDIT) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

Ratchadaphisek Road, 123, 1st Floor, Thai Life Assurance Building, Din Daeng Subdistrict, Din Daeng District, Bangkok, THA, 10400

Website

https://www.thaicreditbank.com

Thai Credit Bank PCL is a commercial bank in Thailand. It provides comprehensive financial and investment services and focuses on providing micro SME business loans (MSME) and Nano and Micro Finance to small business entrepreneurs. The Group has 2 operating segments: e-wallet business, which is operated by its subsidiary; and banking business (which comprises of business loans - SMEs and Microfinance, retail loans secured by residential property - Housing loans and Home for Cash, and other segments, e.g., personal loans, gold loans, and treasury activities). The company generates the majority of its revenue from the banking business.

Thai Credit Bank PCL Headlines

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