Transportadora de Gas del Sur (Transportadora de Gas del Sur) Long-Term Capital Lease Obligation : $30 Mil (As of Dec. 2023)

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What is Transportadora de Gas del Sur Long-Term Capital Lease Obligation?

Transportadora de Gas del Sur's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30 Mil.

Transportadora de Gas del Sur's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($18 Mil) to Sep. 2023 ($15 Mil) but then increased from Sep. 2023 ($15 Mil) to Dec. 2023 ($30 Mil).

Transportadora de Gas del Sur's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($46 Mil) to Dec. 2022 ($58 Mil) but then declined from Dec. 2022 ($58 Mil) to Dec. 2023 ($30 Mil).

Transportadora de Gas del Sur Long-Term Capital Lease Obligation Historical Data

The historical data trend for Transportadora de Gas del Sur'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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Transportadora de Gas del Sur Long-Term Capital Lease Obligation Chart

Transportadora de Gas del Sur Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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45.86

44.75

46.17

57.55

30.25

Transportadora de Gas del Sur 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															57.55	19.87	18.22	15.23	30.25

Transportadora de Gas del Sur (NYSE:TGS) 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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Transportadora de Gas del Sur (Transportadora de Gas del Sur) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Sur SA (NYSE:TGS) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

TGS:Mexico T2K1:Germany TGSU2:Argentina

Address

Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF

Website

https://www.tgs.com.ar

Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.