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KGTFY (Krung Thai Bank PCL) Long-Term Capital Lease Obligation : $97 Mil (As of Mar. 2025)


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What is Krung Thai Bank PCL Long-Term Capital Lease Obligation?

Krung Thai Bank PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was $97 Mil.

Krung Thai Bank PCL's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 ($111 Mil) to Dec. 2024 ($102 Mil) and declined from Dec. 2024 ($102 Mil) to Mar. 2025 ($97 Mil).

Krung Thai Bank PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2022 ($106 Mil) to Dec. 2023 ($110 Mil) but then declined from Dec. 2023 ($110 Mil) to Dec. 2024 ($102 Mil).


Krung Thai Bank PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Krung Thai Bank PCL'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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Krung Thai Bank PCL Long-Term Capital Lease Obligation Chart

Krung Thai Bank PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.72 127.43 106.07 109.82 102.35

Krung Thai Bank PCL Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 102.36 95.12 110.92 102.35 97.12

Krung Thai Bank PCL  (OTCPK:KGTFY) 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.

Krung Thai Bank PCL Long-Term Capital Lease Obligation Related Terms

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Krung Thai Bank PCL Business Description

Industry
Address
35 Sukhumvit Road, Building 1, Klongtoey Nua Subdistrict, Wattana District, Bangkok, THA, 10110
Krung Thai Bank PCL engages in commercial banking business and conducts its business through a nationwide branch network and in certain centers of the world. The company operates in the following reportable segments; Retail banking, Corporate banking, Treasury and investments, and Support and others. Maximum revenue is generated from its Retail banking segment which develops financial products and services and also provides services for individual customers relating to deposits, loans, payment for goods and services, and others. The Corporate banking segment provides credit facilities and financial services to corporate clients, and the Treasury and investments segment controls the bank's financial structure and manages its equity investments, international business, and excess liquidity.

Krung Thai Bank PCL Headlines

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