Shell Pakistan (KAR:SHEL) Long-Term Capital Lease Obligation : ₨6,579 Mil (As of Mar. 2024)

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What is Shell Pakistan Long-Term Capital Lease Obligation?

Shell Pakistan's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨6,579 Mil.

Shell Pakistan's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (₨6,137 Mil) to Sep. 2023 (₨2,950 Mil) but then increased from Sep. 2023 (₨2,950 Mil) to Mar. 2024 (₨6,579 Mil).

Shell Pakistan's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (₨4,209 Mil) to Dec. 2021 (₨5,365 Mil) and increased from Dec. 2021 (₨5,365 Mil) to Dec. 2022 (₨5,946 Mil).

Shell Pakistan Long-Term Capital Lease Obligation Historical Data

The historical data trend for Shell Pakistan'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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Shell Pakistan Long-Term Capital Lease Obligation Chart

Shell Pakistan Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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3,718.61

4,209.05

5,365.19

5,945.99

Shell Pakistan Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															5,945.99	5,865.91	6,136.77	2,950.17	6,578.99

Shell Pakistan (KAR:SHEL) 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.

Shell Pakistan Long-Term Capital Lease Obligation Related Terms

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Shell Pakistan (KAR:SHEL) Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Shell Pakistan Ltd (KAR:SHEL) » Definitions » Long-Term Capital Lease Obligation

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Address

6, Ch. Khaliquzzaman Road, Shell House, Karachi, SD, PAK, 75530

Website

https://www.shell.com.pk

Shell Pakistan Ltd is engaged in oil, gas, chemical, and other selected businesses. Its core business is the marketing of petroleum products including lubricating oils. The company is involved in the retail business of offering a variety of fuels like Shell V-Power, Super Unleaded, and Diesel, as well as advanced, high-quality lubricants. The company also offers lubricants such as turbine engine oils, piston engine oils, fluids, and greases. In addition, the company supplies aviation fuels, lubricants, and technical services, serving customers across all aviation segments.