Philippine Infradev Holdings (PHS:INFRA) Long-Term Capital Lease Obligation : ₱0.0 Mil (As of Sep. 2023)

View and export this data going back to 1978. Start your Free Trial

What is Philippine Infradev Holdings Long-Term Capital Lease Obligation?

Philippine Infradev Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₱0.0 Mil.

Philippine Infradev Holdings's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (₱0.0 Mil) to Dec. 2021 (₱1.9 Mil) but then declined from Dec. 2021 (₱1.9 Mil) to Dec. 2022 (₱0.0 Mil).

Philippine Infradev Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Philippine Infradev Holdings'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.

Philippine Infradev Holdings Long-Term Capital Lease Obligation Chart

Philippine Infradev Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

5.80

1.95

Philippine Infradev Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	-	-

Philippine Infradev Holdings (PHS:INFRA) 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.

Philippine Infradev Holdings Long-Term Capital Lease Obligation Related Terms

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

Philippine Infradev Holdings (PHS:INFRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Philippine Infradev Holdings Inc (PHS:INFRA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

6784 Ayala Avenue, 38th Floor, Rufino Pacific Tower, Makati, PHL, 1223

Website

https://www.infra.com.ph

Philippine Infradev Holdings Inc is primarily involved in the acquisition, reclamation, development, or exploitation of lands to convert and develop lands to integrated residential or commercial neighborhoods. The company also, through its subsidiaries is involved in the acquisition and selling of real estate of all kinds or holds properties for investment purposes. Its operating segment includes Real Estate and Subway. The company generates maximum revenue from the Subway segment.

Philippine Infradev Holdings (PHS:INFRA) Headlines

No Headlines