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Thai Reinsurance PCL (BKK:THRE) Long-Term Capital Lease Obligation : ฿19 Mil (As of Mar. 2025)


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What is Thai Reinsurance PCL Long-Term Capital Lease Obligation?

Thai Reinsurance PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ฿19 Mil.

Thai Reinsurance PCL's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (฿18 Mil) to Dec. 2024 (฿11 Mil) but then increased from Dec. 2024 (฿11 Mil) to Mar. 2025 (฿19 Mil).

Thai Reinsurance PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (฿2 Mil) to Dec. 2023 (฿7 Mil) and increased from Dec. 2023 (฿7 Mil) to Dec. 2024 (฿11 Mil).


Thai Reinsurance PCL Long-Term Capital Lease Obligation Historical Data

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

Thai Reinsurance PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.89 3.53 1.55 7.37 11.05

Thai Reinsurance PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.69 20.08 18.42 11.05 19.16

Thai Reinsurance PCL  (BKK:THRE) 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.

Thai Reinsurance PCL Long-Term Capital Lease Obligation Related Terms

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Thai Reinsurance PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
North Sathorn Road, 100/3 -4, Sathorn Nakorn Tower, 3rd- 4th Floor, Silom, Bangrak, Bangkok, THA, 10500
Thai Reinsurance PCL is engaged in the provision of reinsurance and related services in all property and casualty business lines, with particular expertise in property, casualty, engineering, marine, and life customers. The reinsurance business is divided based on types of products and services and has two reportable segments; Conventional Products and Non-Conventional Products. It also provides reinsurance-related services which include insurance outsourcing services, training and consulting services focused on the insurance industry and E-Motor claim solutions. The group operates in Thailand offering services to the local life and non-life insurers.

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