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Compania Industrial El Volcan (XSGO:VOLCAN) Long-Term Capital Lease Obligation : CLP1,959 Mil (As of Dec. 2023)


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What is Compania Industrial El Volcan Long-Term Capital Lease Obligation?

Compania Industrial El Volcan's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was CLP1,959 Mil.

Compania Industrial El Volcan's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (CLP2,013 Mil) to Sep. 2023 (CLP1,867 Mil) but then increased from Sep. 2023 (CLP1,867 Mil) to Dec. 2023 (CLP1,959 Mil).

Compania Industrial El Volcan's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (CLP0 Mil) to Dec. 2022 (CLP2,275 Mil) but then declined from Dec. 2022 (CLP2,275 Mil) to Dec. 2023 (CLP1,959 Mil).


Compania Industrial El Volcan Long-Term Capital Lease Obligation Historical Data

The historical data trend for Compania Industrial El Volcan'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.

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Compania Industrial El Volcan Long-Term Capital Lease Obligation Chart

Compania Industrial El Volcan 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 191.70 480.59 - 2,275.24 1,958.67

Compania Industrial El Volcan 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 2,275.24 2,153.62 2,012.62 1,867.42 1,958.67

Compania Industrial El Volcan  (XSGO:VOLCAN) 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.

Compania Industrial El Volcan Long-Term Capital Lease Obligation Related Terms

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Compania Industrial El Volcan (XSGO:VOLCAN) Business Description

Traded in Other Exchanges
N/A
Address
Agustinas 1357, Piso 22, Santiago, CHL
Compania Industrial El Volcan SA is a producer and marketer of materials for construction in Chile, Peru, Colombia and Brazil. It supplies building materials and provides constructive solutions. Through its subsidiaries it produces plasterboard plates, mineral wool, glass wool, and many others. It also distributes mines gypsum and lime. Its products include Perimeter walls, Finishing the facade, Plates for wet areas, High hardness / impact plates, Plates with built-in color, Thermal insulation, Insulation of boilers and ponds, Insulation for pipes, Insulation for industrial sheds.

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