Sino-Thai Engineering and Construction PCL (BKK:STEC-F) Long-Term Capital Lease Obligation : ฿227 Mil (As of Mar. 2024)

View and export this data going back to 1992. Start your Free Trial

What is Sino-Thai Engineering and Construction PCL Long-Term Capital Lease Obligation?

Sino-Thai Engineering and Construction PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿227 Mil.

Sino-Thai Engineering and Construction PCL's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (฿294 Mil) to Dec. 2023 (฿265 Mil) and declined from Dec. 2023 (฿265 Mil) to Mar. 2024 (฿227 Mil).

Sino-Thai Engineering and Construction PCL's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (฿480 Mil) to Dec. 2022 (฿376 Mil) and declined from Dec. 2022 (฿376 Mil) to Dec. 2023 (฿265 Mil).

Sino-Thai Engineering and Construction PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sino-Thai Engineering and Construction 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.

Sino-Thai Engineering and Construction PCL Long-Term Capital Lease Obligation Chart

Sino-Thai Engineering and Construction 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

1,061.31

748.42

480.25

375.69

264.91

Sino-Thai Engineering and Construction PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	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															337.31	303.49	293.50	264.91	227.40

Sino-Thai Engineering and Construction PCL (BKK:STEC-F) 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.

Sino-Thai Engineering and Construction PCL Long-Term Capital Lease Obligation Related Terms

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

Sino-Thai Engineering and Construction PCL (BKK:STEC-F) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sino-Thai Engineering and Construction PCL (BKK:STEC-F) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

STEC:Thailand

Address

Sukhumvit 21 Road, Asoke Road, 32/59-32/60, Sino-Thai Tower, Klongtoey-Nua, Wattana, Bangkok, THA, 10110

Website

https://www.stecon.co.th

Sino-Thai Engineering and Construction PCL are principally engaged in the provision of construction services. The operations of the company and its subsidiaries principally involve construction contracting, office building rental, machinery and construction equipment rental, and property development. The company generates the majority of its sales from the Thailand domestic market.

Sino-Thai Engineering and Construction PCL (BKK:STEC-F) Headlines

No Headlines