PT Sumber Tani Agung Resources Tbk (ISX:STAA) Long-Term Capital Lease Obligation : Rp6,985 Mil (As of Mar. 2024)

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What is PT Sumber Tani Agung Resources Tbk Long-Term Capital Lease Obligation?

PT Sumber Tani Agung Resources Tbk's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp6,985 Mil.

PT Sumber Tani Agung Resources Tbk's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (Rp8,737 Mil) to Dec. 2023 (Rp6,928 Mil) but then increased from Dec. 2023 (Rp6,928 Mil) to Mar. 2024 (Rp6,985 Mil).

PT Sumber Tani Agung Resources Tbk's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (Rp7,213 Mil) to Dec. 2022 (Rp4,106 Mil) but then increased from Dec. 2022 (Rp4,106 Mil) to Dec. 2023 (Rp6,928 Mil).

PT Sumber Tani Agung Resources Tbk Long-Term Capital Lease Obligation Historical Data

The historical data trend for PT Sumber Tani Agung Resources Tbk'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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PT Sumber Tani Agung Resources Tbk Long-Term Capital Lease Obligation Chart

PT Sumber Tani Agung Resources Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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5,448.00

4,461.00

7,213.00

4,106.00

6,928.00

PT Sumber Tani Agung Resources Tbk Quarterly Data
	Dec18	Dec19	Jun20	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												6,432.00	7,766.00	8,737.00	6,928.00	6,985.00

PT Sumber Tani Agung Resources Tbk (ISX:STAA) 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.

PT Sumber Tani Agung Resources Tbk Long-Term Capital Lease Obligation Related Terms

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PT Sumber Tani Agung Resources Tbk (ISX:STAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sumber Tani Agung Resources Tbk (ISX:STAA) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pangeran Diponegoro No. 51, Sumatra Utara, Medan, IDN, 20152

Website

https://www.sta.co.id

PT Sumber Tani Agung Resources Tbk is an oil palm plantation company. The company manages approximately 13 oil palm estates, 9 palm oil mills, 1 Kernel Crushing Facility, and 1 solvent extraction plant powered by a biogas power plant, all of which situated in 4 provinces in Indonesia: North Sumatera, South Sumatera, West Kalimantan and Central Kalimantan.