GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Polisan Holding AS (IST:POLHO) » Definitions » Long-Term Capital Lease Obligation

Polisan Holding AS (IST:POLHO) Long-Term Capital Lease Obligation : ₺125 Mil (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Polisan Holding AS Long-Term Capital Lease Obligation?

Polisan Holding AS's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺125 Mil.

Polisan Holding AS's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₺67 Mil) to Dec. 2023 (₺112 Mil) and increased from Dec. 2023 (₺112 Mil) to Mar. 2024 (₺125 Mil).

Polisan Holding AS's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₺46 Mil) to Dec. 2022 (₺111 Mil) and increased from Dec. 2022 (₺111 Mil) to Dec. 2023 (₺112 Mil).


Polisan Holding AS Long-Term Capital Lease Obligation Historical Data

The historical data trend for Polisan Holding AS'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.

Polisan Holding AS Long-Term Capital Lease Obligation Chart

Polisan Holding AS 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 40.68 40.45 46.01 110.63 112.06

Polisan Holding AS 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 66.29 75.76 66.85 112.06 125.34

Polisan Holding AS  (IST:POLHO) 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.

Polisan Holding AS Long-Term Capital Lease Obligation Related Terms

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


Polisan Holding AS (IST:POLHO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.

Polisan Holding AS (IST:POLHO) Headlines

No Headlines