Balai Ni Fruitas (PHS:BALAI) Long-Term Capital Lease Obligation : ₱11.3 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Balai Ni Fruitas Long-Term Capital Lease Obligation?

Balai Ni Fruitas's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱11.3 Mil.

Balai Ni Fruitas's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₱4.4 Mil) to Dec. 2023 (₱16.3 Mil) but then declined from Dec. 2023 (₱16.3 Mil) to Mar. 2024 (₱11.3 Mil).

Balai Ni Fruitas's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₱15.2 Mil) to Dec. 2022 (₱12.9 Mil) but then increased from Dec. 2022 (₱12.9 Mil) to Dec. 2023 (₱16.3 Mil).

Balai Ni Fruitas Long-Term Capital Lease Obligation Historical Data

The historical data trend for Balai Ni Fruitas'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.

Balai Ni Fruitas Long-Term Capital Lease Obligation Chart

Balai Ni Fruitas Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

13.33

11.54

15.22

12.90

16.32

Balai Ni Fruitas Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial											8.25	7.31	4.43	16.32	11.32

Balai Ni Fruitas (PHS:BALAI) 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.

Balai Ni Fruitas Long-Term Capital Lease Obligation Related Terms

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

Balai Ni Fruitas (PHS:BALAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Balai Ni Fruitas Inc (PHS:BALAI) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Data Street, Barangay Don Manuel, Metro Manila, Quezon City, PHL, 1113

Website

https://www.balainifruitas.com

Balai Ni Fruitas Inc is a food and beverage company that operates brands such as Balai Pandesal, Buko Ni Fruitas, and Fruitas House of Desserts. Its product offering comprises of fresh coconut-based beverages and desserts, healthy desserts, fresh fruit shakes, and juices, boba shakes, and milk tea.

Balai Ni Fruitas (PHS:BALAI) Headlines

No Headlines