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PT Barito Renewables Energy Tbk (ISX:BREN) Long-Term Capital Lease Obligation : Rp19,979 Mil (As of Dec. 2023)


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What is PT Barito Renewables Energy Tbk Long-Term Capital Lease Obligation?

PT Barito Renewables Energy Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp19,979 Mil.

PT Barito Renewables Energy Tbk's quarterly Long-Term Capital Lease Obligation declined from Dec. 2021 (Rp61,671 Mil) to Dec. 2022 (Rp30,801 Mil) and declined from Dec. 2022 (Rp30,801 Mil) to Dec. 2023 (Rp19,979 Mil).

PT Barito Renewables Energy Tbk's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (Rp9,154 Mil) to Dec. 2021 (Rp61,671 Mil) but then declined from Dec. 2021 (Rp61,671 Mil) to Dec. 2022 (Rp30,801 Mil).


PT Barito Renewables Energy Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT Barito Renewables Energy Tbk'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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PT Barito Renewables Energy Tbk Long-Term Capital Lease Obligation Chart

PT Barito Renewables Energy Tbk Annual Data
Trend Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
9,154.15 61,670.61 30,801.32

PT Barito Renewables Energy Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation 9,154.15 61,670.61 30,801.32 19,979.13

PT Barito Renewables Energy Tbk  (ISX:BREN) 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.

PT Barito Renewables Energy Tbk Long-Term Capital Lease Obligation Related Terms

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PT Barito Renewables Energy Tbk (ISX:BREN) Business Description

Traded in Other Exchanges
N/A
Address
Jl. Let. Gen. S. Parman Kav. 60, Wisma Barito Pacific II, 23rd Floor, Jakarta, IDN, 11410
PT Barito Renewables Energy Tbk focuses on a long-term strategy to provide cleaner energy and lower emissions and supports Indonesia's targets for the transition to Net Zero Emissions.

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