Euroasia Total Logistics PCL (BKK:ETL) Long-Term Capital Lease Obligation : ฿57 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Euroasia Total Logistics PCL Long-Term Capital Lease Obligation?

Euroasia Total Logistics PCL's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿57 Mil.

Euroasia Total Logistics PCL's quarterly Long-Term Capital Lease Obligation increased from Dec. 2022 (฿49 Mil) to Jun. 2023 (฿73 Mil) but then declined from Jun. 2023 (฿73 Mil) to Dec. 2023 (฿57 Mil).

Euroasia Total Logistics PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (฿27 Mil) to Dec. 2022 (฿49 Mil) and increased from Dec. 2022 (฿49 Mil) to Dec. 2023 (฿57 Mil).

Euroasia Total Logistics PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Euroasia Total Logistics 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.

Euroasia Total Logistics PCL Long-Term Capital Lease Obligation Chart

Euroasia Total Logistics PCL Annual Data

Trend

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

26.77

48.67

56.51

Euroasia Total Logistics PCL Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	26.77	-	48.67	73.26	56.51

Euroasia Total Logistics PCL (BKK:ETL) 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.

Euroasia Total Logistics PCL Long-Term Capital Lease Obligation Related Terms

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

Euroasia Total Logistics PCL (BKK:ETL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroasia Total Logistics PCL (BKK:ETL) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 19, 21 Motorway Road, Klong Songtonnoon, Lat Krabang, Bangkok, THA, 10520

Website

https://www.etl.co.th

Euroasia Total Logistics PCL is engaged in Providing cross-border land transport services.

Euroasia Total Logistics PCL (BKK:ETL) Headlines

No Headlines