Heng Leasing and Capital PCL (BKK:HENG) Long-Term Capital Lease Obligation : ฿130 Mil (As of Mar. 2024)

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What is Heng Leasing and Capital PCL Long-Term Capital Lease Obligation?

Heng Leasing and Capital PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿130 Mil.

Heng Leasing and Capital PCL's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (฿78 Mil) to Dec. 2023 (฿116 Mil) and increased from Dec. 2023 (฿116 Mil) to Mar. 2024 (฿130 Mil).

Heng Leasing and Capital PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (฿67 Mil) to Dec. 2022 (฿68 Mil) and increased from Dec. 2022 (฿68 Mil) to Dec. 2023 (฿116 Mil).

Heng Leasing and Capital PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Heng Leasing and 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.

Heng Leasing and Capital PCL Long-Term Capital Lease Obligation Chart

Heng Leasing and Capital PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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8.40

55.20

66.57

67.93

115.94

Heng Leasing and Capital PCL Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial													79.07	76.49	78.50	115.94	130.12

Heng Leasing and Capital PCL (BKK:HENG) 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.

Heng Leasing and Capital PCL Long-Term Capital Lease Obligation Related Terms

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Heng Leasing and Capital PCL (BKK:HENG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Heng Leasing and Capital PCL (BKK:HENG) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

69 Moo 7, Tambon Sansai Noi, Amphur Sansai, Chiang Mai, THA, 50210

Website

https://www.hengleasing.com

Heng Leasing and Capital PCL is engaged in the single operating segment of hire purchase and loan receivables. The operations are carried on in a single geographical area of Thailand.

Heng Leasing and Capital PCL (BKK:HENG) Headlines

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