Manila Electric Co (PHS:MER) Short-Term Capital Lease Obligation : ₱2,485 Mil (As of Mar. 2024)

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What is Manila Electric Co Short-Term Capital Lease Obligation?

Manila Electric Co's Short-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱2,485 Mil.

Manila Electric Co's quarterly Short-Term Capital Lease Obligation increased from Sep. 2023 (₱0 Mil) to Dec. 2023 (₱2,679 Mil) but then declined from Dec. 2023 (₱2,679 Mil) to Mar. 2024 (₱2,485 Mil).

Manila Electric Co's annual Short-Term Capital Lease Obligation increased from Dec. 2021 (₱0 Mil) to Dec. 2022 (₱483 Mil) and increased from Dec. 2022 (₱483 Mil) to Dec. 2023 (₱2,679 Mil).

Manila Electric Co Short-Term Capital Lease Obligation Historical Data

The historical data trend for Manila Electric Co's Short-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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Manila Electric Co Short-Term Capital Lease Obligation Chart

Manila Electric Co Annual Data

Trend

Dec14

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Dec18

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Dec20

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Dec23

Short-Term Capital Lease Obligation

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483.00

2,679.00

Manila Electric Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Short-Term Capital Lease Obligation	Get a 7-Day Free Trial															-	-	-	2,679.00	2,485.00

Manila Electric Co Short-Term Capital Lease Obligation Explanation

Short-Term Capital Lease Obligation represents the total amount of Long-Term Capital Lease Obligation that must be paid within the next accounting period. Capital lease obligations are contractual obligations that arise from obtaining the use of property or equipment via a capital lease contract.

Manila Electric Co Short-Term Capital Lease Obligation Related Terms

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Manila Electric Co (PHS:MER) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Manila Electric Co (PHS:MER) » Definitions » Short-Term Capital Lease Obligation

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Traded in Other Exchanges

MAEOY:USA

Address

Ortigas Avenue, Barangay Ugong, Lopez Building, Pasig, PHL, 1605

Website

https://www.meralco.com.ph

Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.

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