PUTRY (Ptt PCL) Long-Term Capital Lease Obligation : $2,446 Mil (As of Sep. 2024)

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What is Ptt PCL Long-Term Capital Lease Obligation?

Ptt PCL's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2,446 Mil.

Ptt PCL's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 ($2,356 Mil) to Jun. 2024 ($2,255 Mil) but then increased from Jun. 2024 ($2,255 Mil) to Sep. 2024 ($2,446 Mil).

Ptt PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($1,593 Mil) to Dec. 2022 ($2,522 Mil) but then declined from Dec. 2022 ($2,522 Mil) to Dec. 2023 ($2,334 Mil).

Ptt PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ptt PCL'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.

Ptt PCL Long-Term Capital Lease Obligation Chart

Ptt PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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255.91

1,499.88

1,593.18

2,521.87

2,334.19

Ptt PCL Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,394.96	2,334.19	2,355.83	2,255.07	2,446.48

Ptt PCL (OTCPK:PUTRY) 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.

Ptt PCL Long-Term Capital Lease Obligation Related Terms

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Ptt PCL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ptt PCL (OTCPK:PUTRY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

PUTRF:USA PTT-R:Thailand PTT-F:Thailand PTT:Thailand PTOG:Germany

Address

555 Vibhavadi-Rangsit Road, Chatuchak, Bangkok, THA, 10900

Website

https://www.pttplc.com

Ptt PCL is an integrated national petroleum and petrochemical company based out of Thailand. Its operations are divided into six units: Coal, Petrochemical, International Trading, Oil, Gas, and Petroleum exploration and production. The International Trading and Petrochemicals businesses have historically produced the group's sales and service volume. International Trading encompasses several activities and is crucial to the company's ability to import and export crude oil, condensate, petroleum products, liquefied petroleum gas, petrochemical products, solvents and chemicals, and other products. PTT engages in Petrochemical operations through group companies that conduct business in fuel processing, production, and sales of upstream, intermediate, and downstream chemicals.