Tipco Asphalt PCL (BKK:TASCO) Long-Term Capital Lease Obligation : ฿252 Mil (As of Sep. 2024)

View and export this data going back to 1991. Start your Free Trial

What is Tipco Asphalt PCL Long-Term Capital Lease Obligation?

Tipco Asphalt PCL's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ฿252 Mil.

Tipco Asphalt PCL's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (฿311 Mil) to Jun. 2024 (฿283 Mil) and declined from Jun. 2024 (฿283 Mil) to Sep. 2024 (฿252 Mil).

Tipco Asphalt PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (฿316 Mil) to Dec. 2022 (฿322 Mil) and increased from Dec. 2022 (฿322 Mil) to Dec. 2023 (฿328 Mil).

Tipco Asphalt PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tipco Asphalt 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.

Tipco Asphalt PCL Long-Term Capital Lease Obligation Chart

Tipco Asphalt 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

218.48

315.90

322.20

328.13

Tipco Asphalt PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															353.90	328.13	310.91	283.17	252.13

Tipco Asphalt PCL (BKK:TASCO) 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.

Tipco Asphalt PCL Long-Term Capital Lease Obligation Related Terms

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

Tipco Asphalt PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tipco Asphalt PCL (BKK:TASCO) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TASCO-R:Thailand TASCO-F:Thailand

Address

118/1 Rama 6 Road, Phayathai Sub district, Phayathai District, Bangkok, THA, 10400

Website

https://www.tipcoasphalt.com

Tipco Asphalt PCL operates in two segment based on types of products and services. The Group conducts manufacturing and trading of asphalt, petroleum oil products and asphalt concrete in both domestic and overseas markets. Whereas, the marine logistic business complements the manufacturing and trading of asphalt and petroleum oil products. The Group conducts construction service related to highway construction and road rehabilitation in Thailand. The company operates in Thailand and Overseas, majority of its revenue being from Overseas. The company generates majority revenue from Manufacturing and trading segment.

Tipco Asphalt PCL Headlines

No Headlines