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News Network PCL (BKK:NEWS) Long-Term Capital Lease Obligation : ฿22.58 Mil (As of Mar. 2024)


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What is News Network PCL Long-Term Capital Lease Obligation?

News Network PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿22.58 Mil.

News Network PCL's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (฿25.65 Mil) to Dec. 2023 (฿23.73 Mil) and declined from Dec. 2023 (฿23.73 Mil) to Mar. 2024 (฿22.58 Mil).

News Network PCL's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (฿8.12 Mil) to Dec. 2022 (฿21.97 Mil) and increased from Dec. 2022 (฿21.97 Mil) to Dec. 2023 (฿23.73 Mil).


News Network PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for News Network 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.

News Network PCL Long-Term Capital Lease Obligation Chart

News Network PCL 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 1.28 2.25 8.12 21.97 23.73

News Network PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.86 22.52 25.65 23.73 22.58

News Network PCL  (BKK:NEWS) 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.

News Network PCL Long-Term Capital Lease Obligation Related Terms

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News Network PCL (BKK:NEWS) Business Description

Industry
Traded in Other Exchanges
Address
Rama 4 Road, 944 Mitrtown Office Tower, 28th Floor, Units 2807-2810, Wangmai, Pathumwan, Bangkok, THA, 10330
News Network Corp PCL engages in the business activities of the securities business and the main business of the Company is the distribution, installation and development of software information systems, providing consultation and development of information technology system integrators, including computer network systems, acquisition of hardware and software development. The company operates in two segments information technology and Securities. The majority of revenue is derived from the information technology segment.

News Network PCL (BKK:NEWS) Headlines

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