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PT Soechi Lines Tbk (ISX:SOCI) Long-Term Capital Lease Obligation : Rp126,704 Mil (As of Mar. 2024)


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What is PT Soechi Lines Tbk Long-Term Capital Lease Obligation?

PT Soechi Lines Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp126,704 Mil.

PT Soechi Lines Tbk's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (Rp152,900 Mil) to Dec. 2023 (Rp139,561 Mil) and declined from Dec. 2023 (Rp139,561 Mil) to Mar. 2024 (Rp126,704 Mil).

PT Soechi Lines Tbk's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (Rp0 Mil) to Dec. 2022 (Rp130,536 Mil) and increased from Dec. 2022 (Rp130,536 Mil) to Dec. 2023 (Rp139,561 Mil).


PT Soechi Lines Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT Soechi Lines 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 Soechi Lines Tbk Long-Term Capital Lease Obligation Chart

PT Soechi Lines 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 - - - 130,535.94 139,560.98

PT Soechi Lines Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 120,240.03 159,876.67 152,900.02 139,560.98 126,704.05

PT Soechi Lines Tbk  (ISX:SOCI) 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 Soechi Lines Tbk Long-Term Capital Lease Obligation Related Terms

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PT Soechi Lines Tbk (ISX:SOCI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Jalan Jend Sudirman Kav. 86, Sahid Sudirman Center 51st Floor, Jakarta Pusat, Jakarta, IDN, 10220
PT Soechi Lines Tbk is an Indonesian shipping services provider. The company, through its subsidiaries, provides marine transportation services to supply chain lines of oil and gas companies. Its services flow through two segments, the Shipping business segment in which the Company charters out its various types of tanker vessels of various sizes to oil and gas companies and chemical companies operating in Indonesia, and the Shipyard business segment in which the Company provides ship building services as well as ship dry docking and repair and maintenance services to various ship owners mainly in Indonesia.

PT Soechi Lines Tbk (ISX:SOCI) Headlines

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