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Ternium Argentina (BUE:TXAR) Long-Term Capital Lease Obligation : ARS44,784 Mil (As of Mar. 2024)


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What is Ternium Argentina Long-Term Capital Lease Obligation?

Ternium Argentina's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ARS44,784 Mil.

Ternium Argentina's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (ARS19,330 Mil) to Dec. 2023 (ARS43,444 Mil) and increased from Dec. 2023 (ARS43,444 Mil) to Mar. 2024 (ARS44,784 Mil).

Ternium Argentina's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (ARS6,187 Mil) to Dec. 2022 (ARS10,642 Mil) and increased from Dec. 2022 (ARS10,642 Mil) to Dec. 2023 (ARS43,444 Mil).


Ternium Argentina Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ternium Argentina'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.

Ternium Argentina Long-Term Capital Lease Obligation Chart

Ternium Argentina 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 4,379.61 5,522.00 6,187.00 10,642.00 43,444.00

Ternium Argentina Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 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 12,203.00 14,479.00 19,330.00 43,444.00 44,784.00

Ternium Argentina  (BUE:TXAR) 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.

Ternium Argentina Long-Term Capital Lease Obligation Related Terms

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Ternium Argentina (BUE:TXAR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Avenida Leandro N. Alem 1067, Building AAF, Buenos Aires, ARG, C1001
Ternium Argentina SA manufactures and processes a broad range of steel products. Its products include hot and cold rolled, hot-dip galvanized & electro-galvanized and pre-painted steel sheets and tinplate. Geographically the group is based in Argentina.

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