Dorian LPG (LTS:0A8W) Long-Term Capital Lease Obligation : $159.2 Mil (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is Dorian LPG Long-Term Capital Lease Obligation?

Dorian LPG's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $159.2 Mil.

Dorian LPG's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 ($175.8 Mil) to Dec. 2023 ($167.6 Mil) and declined from Dec. 2023 ($167.6 Mil) to Mar. 2024 ($159.2 Mil).

Dorian LPG's annual Long-Term Capital Lease Obligation increased from Mar. 2022 ($0.0 Mil) to Mar. 2023 ($134.8 Mil) and increased from Mar. 2023 ($134.8 Mil) to Mar. 2024 ($159.2 Mil).

Dorian LPG Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dorian LPG'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.

Dorian LPG Long-Term Capital Lease Obligation Chart

Dorian LPG Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

17.65

8.08

134.78

159.23

Dorian LPG 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															134.78	128.76	175.78	167.63	159.23

Dorian LPG (LTS:0A8W) 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.

Dorian LPG Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Dorian LPG's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Dorian LPG (LTS:0A8W) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dorian LPG Ltd (LTS:0A8W) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

GEL GLP NVGS PBT TNK DHT TNP TK NGL BROG TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

LPG:USA 0DA:Germany

Address

27 Signal Road, Stamford, CT, USA, 06902

Website

https://www.dorianlpg.com

Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.

Dorian LPG (LTS:0A8W) Headlines

No Headlines