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TQM Alpha PCL (BKK:TQM) Long-Term Capital Lease Obligation : ฿400 Mil (As of Dec. 2023)


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What is TQM Alpha PCL Long-Term Capital Lease Obligation?

TQM Alpha PCL's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ฿400 Mil.

TQM Alpha PCL's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (฿284 Mil) to Sep. 2023 (฿405 Mil) but then declined from Sep. 2023 (฿405 Mil) to Dec. 2023 (฿400 Mil).

TQM Alpha PCL's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (฿411 Mil) to Dec. 2022 (฿316 Mil) but then increased from Dec. 2022 (฿316 Mil) to Dec. 2023 (฿400 Mil).


TQM Alpha PCL Long-Term Capital Lease Obligation Historical Data

The historical data trend for TQM Alpha PCL'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.

TQM Alpha PCL Long-Term Capital Lease Obligation Chart

TQM Alpha PCL 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 - 494.33 410.81 315.53 400.36

TQM Alpha PCL 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 315.53 322.99 284.47 404.73 400.36

TQM Alpha PCL  (BKK:TQM) 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.

TQM Alpha PCL Long-Term Capital Lease Obligation Related Terms

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TQM Alpha PCL (BKK:TQM) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 123, Ladplakao Road, Chorakhe Bua Subdistrict, Lat Phrao District, Bangkok, THA, 10230
TQM Alpha PCL is engaged in investment in companies that are focused on non-life insurance brokers, life insurance brokers, and provision of services as a manager, caregiver, collect benefits, and property management for related parties. It also provides procurement and consulting services for computer software and hardware.

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