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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Long-Term Capital Lease Obligation : $41.8 Mil (As of Dec. 2023)


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What is PT Tower Bersama Infrastructure Tbk Long-Term Capital Lease Obligation?

PT Tower Bersama Infrastructure Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41.8 Mil.

PT Tower Bersama Infrastructure Tbk's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($36.3 Mil) to Sep. 2023 ($34.6 Mil) but then increased from Sep. 2023 ($34.6 Mil) to Dec. 2023 ($41.8 Mil).

PT Tower Bersama Infrastructure Tbk's annual Long-Term Capital Lease Obligation declined from Dec. 2021 ($35.3 Mil) to Dec. 2022 ($33.9 Mil) but then increased from Dec. 2022 ($33.9 Mil) to Dec. 2023 ($41.8 Mil).


PT Tower Bersama Infrastructure Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT Tower Bersama Infrastructure 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 Tower Bersama Infrastructure Tbk Long-Term Capital Lease Obligation Chart

PT Tower Bersama Infrastructure 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 1.03 22.25 35.31 33.89 41.84

PT Tower Bersama Infrastructure Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 33.89 35.26 36.34 34.59 41.84

PT Tower Bersama Infrastructure Tbk  (OTCPK:PTFRY) 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 Tower Bersama Infrastructure Tbk Long-Term Capital Lease Obligation Related Terms

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PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Business Description

Traded in Other Exchanges
Address
Jl. H.R Rasuna Said, Kawasan Rasuna Epicentrum, Jakarta Selatan, The Convergence Indonesia 11th Floor, Jakarta, IDN, 12940
PT Tower Bersama Infrastructure Tbk is a provider of coverage solutions. The firm's primary business is leasing space for antennas and other equipment for wireless signal transmission to telecommunication operators. PT Tower Bersama's other services include network planning, land acquisition and site licensing, infrastructure design and construction, network installation and project management, network expansion rollouts, and ongoing servicing. The Company also provides telecommunications operators with access to its Distributed Antennae System networks in shopping malls and office buildings in urban areas. A majority of the firm's revenue is generated in Indonesia.

PT Tower Bersama Infrastructure Tbk (PT Tower Bersama Infrastructure Tbk) Headlines

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