City Steel PCL (BKK:CITY) Long-Term Capital Lease Obligation : ฿0.26 Mil (As of Jan. 2024)

View and export this data going back to 2006. Start your Free Trial

What is City Steel PCL Long-Term Capital Lease Obligation?

City Steel PCL's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was ฿0.26 Mil.

City Steel PCL's quarterly Long-Term Capital Lease Obligation declined from Jul. 2023 (฿0.52 Mil) to Oct. 2023 (฿0.39 Mil) and declined from Oct. 2023 (฿0.39 Mil) to Jan. 2024 (฿0.26 Mil).

City Steel PCL's annual Long-Term Capital Lease Obligation increased from Jul. 2021 (฿0.11 Mil) to Jul. 2022 (฿1.02 Mil) but then declined from Jul. 2022 (฿1.02 Mil) to Jul. 2023 (฿0.52 Mil).

City Steel PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for City Steel 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.

City Steel PCL Long-Term Capital Lease Obligation Chart

City Steel PCL Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.11

1.02

0.52

City Steel PCL Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															0.78	0.65	0.52	0.39	0.26

City Steel PCL (BKK:CITY) 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.

City Steel PCL Long-Term Capital Lease Obligation Related Terms

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

City Steel PCL (BKK:CITY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » City Steel PCL (BKK:CITY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

88/3 Moo 4, Bypass Road, Tumbol Nongmaidaeng, Amphur Muang, Chonburi, THA, 20000

Website

http://www.citysteelpcl.com

City Steel PCL is principally engaged in manufacturing and sale of metal structures, storage system and material handling equipment, and fabricated metal parts, as well as the provision of one-stop metal processing services and the sale of metals. Geographically, it operates only in Thailand.

City Steel PCL (BKK:CITY) Headlines

No Headlines