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PT Indospring Tbk (ISX:INDS) Long-Term Capital Lease Obligation : Rp5,065 Mil (As of Mar. 2024)


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What is PT Indospring Tbk Long-Term Capital Lease Obligation?

PT Indospring Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp5,065 Mil.

PT Indospring Tbk's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (Rp7,805 Mil) to Dec. 2023 (Rp5,269 Mil) and declined from Dec. 2023 (Rp5,269 Mil) to Mar. 2024 (Rp5,065 Mil).

PT Indospring Tbk's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (Rp0 Mil) to Dec. 2022 (Rp7,002 Mil) but then declined from Dec. 2022 (Rp7,002 Mil) to Dec. 2023 (Rp5,269 Mil).


PT Indospring Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT Indospring 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 Indospring Tbk Long-Term Capital Lease Obligation Chart

PT Indospring 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 - - - 7,001.88 5,268.68

PT Indospring 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 6,394.26 8,027.51 7,805.16 5,268.68 5,064.73

PT Indospring Tbk  (ISX:INDS) 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 Indospring Tbk Long-Term Capital Lease Obligation Related Terms

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PT Indospring Tbk (ISX:INDS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mayjend Sungkono no. 10, Desa Segoromadu, P.O. Box 112, Jawa Timur, Gresik, IDN, 61123
PT Indospring Tbk is engaged in the manufacture of leaf springs and coil springs. Its products include multi-leaf springs, parabolic leaf springs, trailing leaf springs, tension springs, compression springs, valve springs, wire rings, hot coil springs, and Yoko-oki leaf springs. The company's manufacturing facilities are located in Gresik, Indonesia. It operates in two segments Spare part industry and the Agricultural equipment industry. The spare part industry segment contributes to the majority of the company's revenue.

PT Indospring Tbk (ISX:INDS) Headlines