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PT Garuda Indonesia (Persero) Tbk (ISX:GIAA) Long-Term Capital Lease Obligation : Rp33,287,430 Mil (As of Mar. 2024)


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What is PT Garuda Indonesia (Persero) Tbk Long-Term Capital Lease Obligation?

PT Garuda Indonesia (Persero) Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp33,287,430 Mil.

PT Garuda Indonesia (Persero) Tbk's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (Rp35,860,148 Mil) to Dec. 2023 (Rp35,589,700 Mil) and declined from Dec. 2023 (Rp35,589,700 Mil) to Mar. 2024 (Rp33,287,430 Mil).

PT Garuda Indonesia (Persero) Tbk's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (Rp53,768,885 Mil) to Dec. 2022 (Rp37,864,169 Mil) and declined from Dec. 2022 (Rp37,864,169 Mil) to Dec. 2023 (Rp35,589,700 Mil).


PT Garuda Indonesia (Persero) Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT Garuda Indonesia (Persero) 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.

* Premium members only.

PT Garuda Indonesia (Persero) Tbk Long-Term Capital Lease Obligation Chart

PT Garuda Indonesia (Persero) Tbk 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 486.54 63,381,774.64 53,768,885.02 37,864,169.00 35,589,700.27

PT Garuda Indonesia (Persero) Tbk 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 35,591,575.52 36,109,798.01 35,860,148.03 35,589,700.27 33,287,429.65

PT Garuda Indonesia (Persero) Tbk  (ISX:GIAA) 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 Garuda Indonesia (Persero) Tbk Long-Term Capital Lease Obligation Related Terms

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PT Garuda Indonesia (Persero) Tbk (ISX:GIAA) Business Description

Traded in Other Exchanges
Address
Jalan Kebon Sirih No. 46A, Jakarta, IDN, 10110
PT Garuda Indonesia (Persero) Tbk provides airline services in Indonesia and internationally. It operates through Flight Operations, Aircraft Maintenance, and Others segments. It provides scheduled and non-scheduled airline services for domestic and international markets; and aircraft repair, maintenance, and overhaul services. The company also offers computerized reservation system (CRS); training facilities for the employees of travel agencies; technical assistance in the CRS for travel agents, as well as rents computer equipment for travel agents.

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