SG Capital PCL (BKK:SGC) Long-Term Capital Lease Obligation : ฿6 Mil (As of Sep. 2024)

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

SG Capital PCL's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿6 Mil.

SG Capital PCL's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (฿11 Mil) to Jun. 2024 (฿8 Mil) and declined from Jun. 2024 (฿8 Mil) to Sep. 2024 (฿6 Mil).

SG Capital PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (฿9 Mil) to Dec. 2022 (฿12 Mil) and increased from Dec. 2022 (฿12 Mil) to Dec. 2023 (฿12 Mil).

SG Capital PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for SG 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.

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SG Capital PCL Long-Term Capital Lease Obligation Chart

SG Capital PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

1.40

10.45

8.61

11.77

12.31

SG Capital PCL Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial									18.41	12.31	10.87	8.23	5.76

SG Capital PCL (BKK:SGC) 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.

SG Capital PCL Long-Term Capital Lease Obligation Related Terms

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SG Capital PCL Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

No. 72 Charoen Krung Road, Telecommunication Tower, Building 20th Floor, Bangrak, Bangkok, THA, 10500

Website

https://www.sgcapital.co.th

SG Capital PCL is engaged in providing financial services to non-financial institutions. It offers various services such as hire-purchase of electrical appliances and household appliances, commercial appliances and machinery (Captive Finance); and loans with vehicle registration as collateral (trucks, passenger cars, commercial vehicles), debt consolidation welfare loans, and gold installment loans (Click2Gold) under the name SG Capital. The Company is managed and operates principally in Thailand.