Crown Paints Kenya (NAI:CRWN) Long-Term Capital Lease Obligation : KES206 Mil (As of Dec. 2023)

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

What is Crown Paints Kenya Long-Term Capital Lease Obligation?

Crown Paints Kenya's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES206 Mil.

Crown Paints Kenya's quarterly Long-Term Capital Lease Obligation increased from Dec. 2021 (KES115 Mil) to Dec. 2022 (KES286 Mil) but then declined from Dec. 2022 (KES286 Mil) to Dec. 2023 (KES206 Mil).

Crown Paints Kenya's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (KES115 Mil) to Dec. 2022 (KES286 Mil) but then declined from Dec. 2022 (KES286 Mil) to Dec. 2023 (KES206 Mil).

Crown Paints Kenya Long-Term Capital Lease Obligation Historical Data

The historical data trend for Crown Paints Kenya'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.

Crown Paints Kenya Long-Term Capital Lease Obligation Chart

Crown Paints Kenya Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

137.25

127.13

115.16

286.27

206.34

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial											137.25	127.13	115.16	286.27	206.34

Crown Paints Kenya (NAI:CRWN) 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.

Crown Paints Kenya Long-Term Capital Lease Obligation Related Terms

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

Crown Paints Kenya Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Mogadishu Road, LR No. 209/5792, P.O. Box 78084, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.