Sermsang Power PCL (BKK:SSP) Long-Term Capital Lease Obligation : ฿578 Mil (As of Dec. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Sermsang Power PCL Long-Term Capital Lease Obligation?

Sermsang Power PCL's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿578 Mil.

Sermsang Power PCL's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (฿583 Mil) to Sep. 2023 (฿525 Mil) but then increased from Sep. 2023 (฿525 Mil) to Dec. 2023 (฿578 Mil).

Sermsang Power PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (฿553 Mil) to Dec. 2022 (฿615 Mil) but then declined from Dec. 2022 (฿615 Mil) to Dec. 2023 (฿578 Mil).

Sermsang Power PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sermsang Power 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.

Sermsang Power PCL Long-Term Capital Lease Obligation Chart

Sermsang Power PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

643.15

582.81

552.71

614.98

577.57

Sermsang Power PCL Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															614.98	601.32	583.48	525.12	577.57

Sermsang Power PCL (BKK:SSP) 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.

Sermsang Power PCL Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Sermsang Power PCL's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Sermsang Power PCL (BKK:SSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Sermsang Power Corporation PCL (BKK:SSP) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300

Website

https://www.sermsang.com

Sermsang Power Corporation PCL is engaged in investment, consultancy, and provision of services for energy businesses to related parties. The company's operating segments are production and distribution of electricity from solar plants, Electricity distribution and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from a biomass power plant, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.