Rockwell Land (PHS:ROCK) Long-Term Capital Lease Obligation : ₱674 Mil (As of Mar. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Rockwell Land Long-Term Capital Lease Obligation?

Rockwell Land's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱674 Mil.

Rockwell Land's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₱701 Mil) to Dec. 2023 (₱664 Mil) but then increased from Dec. 2023 (₱664 Mil) to Mar. 2024 (₱674 Mil).

Rockwell Land's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₱635 Mil) to Dec. 2022 (₱650 Mil) and increased from Dec. 2022 (₱650 Mil) to Dec. 2023 (₱664 Mil).

Rockwell Land Long-Term Capital Lease Obligation Historical Data

The historical data trend for Rockwell Land'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.

Rockwell Land Long-Term Capital Lease Obligation Chart

Rockwell Land Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

605.95

620.77

635.33

649.57

663.60

Rockwell Land 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															662.00	697.00	701.00	663.60	674.00

Rockwell Land (PHS:ROCK) 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.

Rockwell Land Long-Term Capital Lease Obligation Related Terms

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

Rockwell Land (PHS:ROCK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Rockwell Land Corp (PHS:ROCK) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Rockwell, Hidalgo Center, Rockwell Center, 2nd Floor, Metro Manila, Makati, RIZ, PHL, 1200

Website

https://www.e-rockwell.com

Rockwell Land Corp engages in the real estate development of residential and commercial properties. It operates through the following business segments: Residential Development, Commercial Development, and Hotel Operations. The Residential Development segment which earns the majority of revenue involves the development, sale, and property management of all residential units under the Rockwell and Primaries brands. Its Commercial Development segment develops, leases, and manages its retail and office developments. The Hotel Operations segment engages in the lease of serviced apartments and management of hotel and resort operations.