PTrana Mitra Luas TBK (ISX:SMIL) Long-Term Capital Lease Obligation : Rp38,603 Mil (As of Mar. 2024)

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What is PTrana Mitra Luas TBK Long-Term Capital Lease Obligation?

PTrana Mitra Luas TBK's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp38,603 Mil.

PTrana Mitra Luas TBK's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (Rp0 Mil) to Dec. 2023 (Rp35,501 Mil) and increased from Dec. 2023 (Rp35,501 Mil) to Mar. 2024 (Rp38,603 Mil).

PTrana Mitra Luas TBK's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (Rp59,690 Mil) to Dec. 2022 (Rp108,057 Mil) but then declined from Dec. 2022 (Rp108,057 Mil) to Dec. 2023 (Rp35,501 Mil).

PTrana Mitra Luas TBK Long-Term Capital Lease Obligation Historical Data

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Long-Term Capital Lease Obligation Chart

PTrana Mitra Luas TBK Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

160,804.48

105,075.43

59,690.19

108,057.32

35,501.05

PTrana Mitra Luas TBK Quarterly Data
	Dec19	Dec20	Dec21	Oct22	Mar23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			59,690.19	92,282.36	-	35,501.05	38,603.27

PTrana Mitra Luas TBK (ISX:SMIL) 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.

PTrana Mitra Luas TBK Long-Term Capital Lease Obligation Related Terms

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PTrana Mitra Luas TBK (ISX:SMIL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Sarana Mitra Luas TBK (ISX:SMIL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Gemalapik Pasirsari, Raya No. 130 – 111, Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530

Website

https://www.sml.co.id

PT Sarana Mitra Luas TBK is a forklift rental company. PT. Sarana Mitra Luas has become one of the leading forklift rental companies in Indonesia with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has one business segment, namely forklift rental services.

PTrana Mitra Luas TBK (ISX:SMIL) Headlines

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