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QTCG PCL (BKK:QTCG) Long-Term Capital Lease Obligation : ฿3.5 Mil (As of Dec. 2022)


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What is QTCG PCL Long-Term Capital Lease Obligation?

QTCG PCL's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2022 was ฿3.5 Mil.

QTCG PCL's quarterly Long-Term Capital Lease Obligation stayed the same from . 20 (฿0.0 Mil) to . 20 (฿0.0 Mil) but then increased from . 20 (฿0.0 Mil) to Dec. 2022 (฿3.5 Mil).

QTCG PCL's annual Long-Term Capital Lease Obligation increased from . 20 (฿0.0 Mil) to Dec. 2022 (฿3.5 Mil) and increased from Dec. 2022 (฿3.5 Mil) to Dec. 2023 (฿7.8 Mil).


QTCG PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for QTCG 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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QTCG PCL Long-Term Capital Lease Obligation Chart

QTCG PCL Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
3.51 7.76

QTCG PCL Quarterly Data
Dec22 Dec23
Long-Term Capital Lease Obligation 3.51 7.76

QTCG PCL  (BKK:QTCG) 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.

QTCG PCL Long-Term Capital Lease Obligation Related Terms

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QTCG PCL (BKK:QTCG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » QTCG PCL (BKK:QTCG) » Definitions » Long-Term Capital Lease Obligation
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Address
No. 42 Soi Ramkhamhaeng 187, Intersection 2, Minburi Subdistrict, Minburi District, Bangkok, THA, 10510
QTCG PCL is engaged in contracting and installation services for systems engineering. Its services consists of electrical communication systems, air conditioning and ventilation systems. Sanitary system and conducts business related to asset management from purchasing or receiving transfer of debtors from financial institutions, including primary insurance of debtors. The company as two segments Construction segment and asset management segment. Key revenue is generated from Construction segment.

QTCG PCL (BKK:QTCG) Headlines

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