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Precise PCL (BKK:PCC) Long-Term Capital Lease Obligation : ฿61 Mil (As of Mar. 2024)


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What is Precise PCL Long-Term Capital Lease Obligation?

Precise PCL's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ฿61 Mil.

Precise PCL's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (฿71 Mil) to Dec. 2023 (฿62 Mil) and declined from Dec. 2023 (฿62 Mil) to Mar. 2024 (฿61 Mil).

Precise PCL's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (฿98 Mil) to Dec. 2022 (฿58 Mil) but then increased from Dec. 2022 (฿58 Mil) to Dec. 2023 (฿62 Mil).


Precise PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for Precise 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.

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Precise PCL Long-Term Capital Lease Obligation Chart

Precise PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
109.09 97.66 57.73 62.18

Precise PCL Quarterly Data
Dec20 Jun21 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 50.16 47.73 70.94 62.18 61.44

Precise PCL  (BKK:PCC) 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.

Precise PCL Long-Term Capital Lease Obligation Related Terms

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Precise PCL (BKK:PCC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 1842, Krung Thep-Nonthaburi Road, Wongsawang, Bang Sue, Bangkok, THA, 10800
Precise Corp PCL is an investment holding company. The company's segments include Production and distribution of electricity transmission equipment, project management, services and maintenance in low and high voltage of power industries and power utility management; Power station construction, transmission lines, high voltage substations, manufacturing, installation, control and intelligent electricity; Energy investment, production and distribution of electricity from renewable energy, and other related business; Design software management system, platform and information system for enterprise Bio-circular-green economy and Import and export of electrical and mechanical equipment and project sales.

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