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Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Long-Term Capital Lease Obligation : $0.5 Mil (As of Mar. 2024)


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What is Promotora Y Operadora de InfraestructuraB de CV Long-Term Capital Lease Obligation?

Promotora Y Operadora de InfraestructuraB de CV's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.5 Mil.

Promotora Y Operadora de InfraestructuraB de CV's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($0.7 Mil) to Sep. 2023 ($0.7 Mil) and declined from Sep. 2023 ($0.7 Mil) to Mar. 2024 ($0.5 Mil).

Promotora Y Operadora de InfraestructuraB de CV's annual Long-Term Capital Lease Obligation stayed the same from Dec. 2020 ($0.0 Mil) to Dec. 2021 ($0.0 Mil) but then increased from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($0.6 Mil).


Promotora Y Operadora de InfraestructuraB de CV Long-Term Capital Lease Obligation Historical Data

The historical data trend for Promotora Y Operadora de InfraestructuraB de CV'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.

Promotora Y Operadora de InfraestructuraB de CV Long-Term Capital Lease Obligation Chart

Promotora Y Operadora de InfraestructuraB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.58

Promotora Y Operadora de InfraestructuraB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.58 0.66 0.72 0.70 0.51

Promotora Y Operadora de InfraestructuraB de CV  (OTCPK:PUODY) 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.

Promotora Y Operadora de InfraestructuraB de CV Long-Term Capital Lease Obligation Related Terms

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Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Business Description

Address
Bosque de Cidros No 173, Bosques de las Lomas, Mexico, MEX, 05120
Promotora Y Operadora de Infraestructura SAB de CV, or Pinfra, develops and constructs infrastructure projects in Mexico. It completes highways, ports, railways, sewer systems, and other projects related to industrial development. The company holds various concessions from the government to build and then operate structures for several years. The concessions can generate stable revenue, and enhance connectivity within communities. Pinfra has three business segments: concession, construction, and plants. The construction division primarily provides services to its concessions, but has the capability to partner with third parties. Many concessions are fully operational, and the company supplies maintenance and operational support to adhere to requirements.

Promotora Y Operadora de InfraestructuraB de CV (Promotora Y Operadora de InfraestructuraB de CV) Headlines

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