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Miss Grand International PCL (BKK:MGI) Long-Term Capital Lease Obligation : ฿0.0 Mil (As of Mar. 2024)


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What is Miss Grand International PCL Long-Term Capital Lease Obligation?

Miss Grand International PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿0.0 Mil.

Miss Grand International PCL's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (฿0.4 Mil) to Dec. 2022 (฿0.3 Mil) and declined from Dec. 2022 (฿0.3 Mil) to Dec. 2023 (฿0.0 Mil).


Miss Grand International PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Miss Grand International 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.

Miss Grand International PCL Long-Term Capital Lease Obligation Chart

Miss Grand International PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial - 0.72 0.35 0.35 -

Miss Grand International PCL Quarterly Data
Dec18 Dec19 Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Miss Grand International PCL  (BKK:MGI) 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.

Miss Grand International PCL Long-Term Capital Lease Obligation Related Terms

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Miss Grand International PCL (BKK:MGI) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1213/414 Soi Ladprao 94 (Panjamit), Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Miss Grand International PCL operates a commerce business that provides the selling of products and services through experiential activities such as Beauty and Entertainment, which are Beauty Pageant Platforms named Miss Grand Thailand Pageant (National Pageant Platform) and Miss Grand International Pageant (International Pageant Platform)including other media contents and entertainment activities. The company sells the products in several distribution channels, both retail and wholesale, The MGI, and other partner products. The company earns revenue from selling beauty pageants, entertainment businesses, consumer products, consumption products, and other products and services. The company earns the majority of its revenue from the entertainment business.