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ICTEF (International Container Terminal Services) Long-Term Capital Lease Obligation : $1,513 Mil (As of Mar. 2025)


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What is International Container Terminal Services Long-Term Capital Lease Obligation?

International Container Terminal Services's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $1,513 Mil.

International Container Terminal Services's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($1,498 Mil) to Dec. 2024 ($1,462 Mil) but then increased from Dec. 2024 ($1,462 Mil) to Mar. 2025 ($1,513 Mil).

International Container Terminal Services's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($1,328 Mil) to Dec. 2023 ($1,571 Mil) but then declined from Dec. 2023 ($1,571 Mil) to Dec. 2024 ($1,462 Mil).


International Container Terminal Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for International Container Terminal Services'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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International Container Terminal Services Long-Term Capital Lease Obligation Chart

International Container Terminal Services 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 1,214.20 1,253.37 1,328.11 1,571.02 1,462.15

International Container Terminal Services 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 1,540.85 1,486.94 1,497.60 1,462.15 1,512.72

International Container Terminal Services  (OTCPK:ICTEF) 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.

International Container Terminal Services Long-Term Capital Lease Obligation Related Terms

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International Container Terminal Services Business Description

Traded in Other Exchanges
Address
MICT South Access Road, Port of Manila, Manila International Container Terminal, ICTSI Administration Building, Manila, PHL, 1012
International Container Terminal Services Inc is a container-handling and terminal company. The company operates, manages, develops, and acquires container terminals to handle import and export cargo shipped in containers. Besides, the firm provides storage, container stripping and stuffing, and maintenance services. The company organises itself into three geographical segments: Asia; Europe, Middle East, and Africa; and Americas. The company derives the majority portion of revenue from the Asia segment, followed by the Americas and EMEA.