Sui Northern Gas Pipelines (KAR:SNGP) Long-Term Capital Lease Obligation : ₨26,725 Mil (As of Mar. 2023)

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What is Sui Northern Gas Pipelines Long-Term Capital Lease Obligation?

Sui Northern Gas Pipelines's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2023 was ₨26,725 Mil.

Sui Northern Gas Pipelines's quarterly Long-Term Capital Lease Obligation declined from Sep. 2022 (₨27,825 Mil) to Dec. 2022 (₨27,278 Mil) and declined from Dec. 2022 (₨27,278 Mil) to Mar. 2023 (₨26,725 Mil).

Sui Northern Gas Pipelines's annual Long-Term Capital Lease Obligation declined from Jun. 2020 (₨33,627 Mil) to Jun. 2021 (₨30,172 Mil) and declined from Jun. 2021 (₨30,172 Mil) to Jun. 2022 (₨28,298 Mil).

Sui Northern Gas Pipelines Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sui Northern Gas Pipelines'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.

Sui Northern Gas Pipelines Long-Term Capital Lease Obligation Chart

Sui Northern Gas Pipelines Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Long-Term Capital Lease Obligation

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33,626.58

30,171.70

28,297.51

Sui Northern Gas Pipelines Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															28,794.70	28,297.51	27,824.65	27,278.21	26,725.05

Sui Northern Gas Pipelines (KAR:SNGP) 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.

Sui Northern Gas Pipelines Long-Term Capital Lease Obligation Related Terms

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Sui Northern Gas Pipelines (KAR:SNGP) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sui Northern Gas Pipelines Ltd (KAR:SNGP) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Gas House, 21 Kashmir Road, P.O. Box No. 56, Lahore, PB, PAK, 54000

Website

https://www.sngpl.com.pk

Sui Northern Gas Pipelines Ltd is a part of the utility sector. The company is engaged in the purchase, transmission, distribution, and supply of natural gas. It has also expanded its activities like engineering, procurement, and construction (EPC) contractor to undertake the planning, designing, and construction of pipelines, both for itself and other organizations.

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