GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Golden Energy Mines Tbk (ISX:GEMS) » Definitions » Long-Term Capital Lease Obligation

PT Golden Energy Mines Tbk (ISX:GEMS) Long-Term Capital Lease Obligation : Rp6,613 Mil (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is PT Golden Energy Mines Tbk Long-Term Capital Lease Obligation?

PT Golden Energy Mines Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp6,613 Mil.

PT Golden Energy Mines Tbk's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (Rp10,338 Mil) to Sep. 2023 (Rp7,546 Mil) and declined from Sep. 2023 (Rp7,546 Mil) to Dec. 2023 (Rp6,613 Mil).

PT Golden Energy Mines Tbk's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (Rp27,368 Mil) to Dec. 2022 (Rp17,273 Mil) and declined from Dec. 2022 (Rp17,273 Mil) to Dec. 2023 (Rp6,613 Mil).


PT Golden Energy Mines Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT Golden Energy Mines Tbk'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.

PT Golden Energy Mines Tbk Long-Term Capital Lease Obligation Chart

PT Golden Energy Mines Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 4,654.65 27,367.94 17,272.65 6,613.46

PT Golden Energy Mines Tbk 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 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 17,272.65 13,932.36 10,337.89 7,545.64 6,613.46

PT Golden Energy Mines Tbk  (ISX:GEMS) 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.

PT Golden Energy Mines Tbk Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of PT Golden Energy Mines Tbk's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Golden Energy Mines Tbk (ISX:GEMS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH Thamrin No. 51, Sinar Mas Land Plaza, Tower II, 6th Floor, Jakarta Pusat, Jakarta, IDN, 10350
PT Golden Energy Mines Tbk is engaged in the mining and coal trading business. The company is structured in two segments namely, Coal Mining Segment and Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in three concession areas: South Kalimantan, Jambi and Central Kalimantan. Most of its revenue is derived from Indonesia.

PT Golden Energy Mines Tbk (ISX:GEMS) Headlines

No Headlines