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Sociedad TransmisoraMetropolitana II (XSGO:STMCHB) Long-Term Capital Lease Obligation : CLP1,189 Mil (As of Mar. 2024)


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What is Sociedad TransmisoraMetropolitana II Long-Term Capital Lease Obligation?

Sociedad TransmisoraMetropolitana II's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was CLP1,189 Mil.

Sociedad TransmisoraMetropolitana II's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (CLP1,084 Mil) to Dec. 2023 (CLP1,062 Mil) but then increased from Dec. 2023 (CLP1,062 Mil) to Mar. 2024 (CLP1,189 Mil).

Sociedad TransmisoraMetropolitana II's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (CLP1,044 Mil) to Dec. 2022 (CLP1,022 Mil) but then increased from Dec. 2022 (CLP1,022 Mil) to Dec. 2023 (CLP1,062 Mil).


Sociedad TransmisoraMetropolitana II Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sociedad TransmisoraMetropolitana II'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.

Sociedad TransmisoraMetropolitana II Long-Term Capital Lease Obligation Chart

Sociedad TransmisoraMetropolitana II Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
- 1,043.81 1,021.91 1,062.08

Sociedad TransmisoraMetropolitana II Quarterly Data
Dec20 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 959.23 970.71 1,084.46 1,062.08 1,188.73

Sociedad TransmisoraMetropolitana II  (XSGO:STMCHB) 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.

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Sociedad TransmisoraMetropolitana II (XSGO:STMCHB) Business Description

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Traded in Other Exchanges
Address
76 Santa Rosa Street, 17th Floor, Santiago, CHL, 833-0099
Sociedad TransmisoraMetropolitana II SA controls and manages a group of companies that operates in the Chilean electricity market. Its primary business is to exploit, develop, operate, generate, distribute, transform, and sell energy in any form or nature.

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