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Puregold Price Club (Puregold Price Club) Long-Term Capital Lease Obligation : $706 Mil (As of Dec. 2023)


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What is Puregold Price Club Long-Term Capital Lease Obligation?

Puregold Price Club's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $706 Mil.

Puregold Price Club's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($679 Mil) to Sep. 2023 ($697 Mil) and increased from Sep. 2023 ($697 Mil) to Dec. 2023 ($706 Mil).

Puregold Price Club's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($590 Mil) to Dec. 2022 ($661 Mil) and increased from Dec. 2022 ($661 Mil) to Dec. 2023 ($706 Mil).


Puregold Price Club Long-Term Capital Lease Obligation Historical Data

The historical data trend for Puregold Price Club'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.

Puregold Price Club Long-Term Capital Lease Obligation Chart

Puregold Price Club Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 522.04 570.99 590.11 661.10 705.71

Puregold Price Club Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 661.10 670.75 679.33 697.27 705.71

Puregold Price Club  (OTCPK:PRGLY) 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.

Puregold Price Club Long-Term Capital Lease Obligation Related Terms

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Puregold Price Club (Puregold Price Club) Business Description

Traded in Other Exchanges
Address
No. 900 Romualdez Street, 2nd Floor, Tabacalera Building, Paco, Manila, PHL, 1007
Puregold Price Club Inc is involved in the business of trading goods such as consumer products (canned goods, housewares, toiletries, dry goods, food products, pharmaceutical and medical goods). The stores are classified as Hypermarkets, Supermarkets, Extras and Mini-marts. Hypermarkets offer a wide variety of food and non-food products. Supermarkets offer a higher proportion of food to non-food products. Mini-marts serves as a community store, selling fast-moving essential goods to high-density neighbourhoods.

Puregold Price Club (Puregold Price Club) Headlines

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