Vivant (PHS:VVT) Long-Term Capital Lease Obligation : ₱12 Mil (As of Mar. 2024)

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What is Vivant Long-Term Capital Lease Obligation?

Vivant's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱12 Mil.

Vivant's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (₱22 Mil) to Dec. 2023 (₱12 Mil) but then increased from Dec. 2023 (₱12 Mil) to Mar. 2024 (₱12 Mil).

Vivant's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₱158 Mil) to Dec. 2022 (₱13 Mil) and declined from Dec. 2022 (₱13 Mil) to Dec. 2023 (₱12 Mil).

Vivant Long-Term Capital Lease Obligation Historical Data

The historical data trend for Vivant'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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Vivant Long-Term Capital Lease Obligation Chart

Vivant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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516.30

303.12

158.01

13.47

11.91

Vivant 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															16.57	22.92	22.36	11.91	11.99

Vivant (PHS:VVT) 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.

Vivant Long-Term Capital Lease Obligation Related Terms

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Vivant (PHS:VVT) Business Description

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GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Vivant Corp (PHS:VVT) » Definitions » Long-Term Capital Lease Obligation

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Address

A.S. Fortuna Street, 9th Floor, Oakridge IT Center 3, Oakridge Business Park, Brgy. Banilad, Cebu, Mandaue, PHL, 6014

Website

https://www.vivant.com.ph

Vivant Corp is a part of the utility sector. The company is in the business of electric power generation, electric power distribution, retail electricity supply and water infrastructure in the Philippines. The company operates through three segments, which are power generation and distribution operations, infrastructure and water treatment and desalination and investment in shares of stock. The major revenue driver for the company is the power generation segment. The revenue from the share investment segment comes from equity in net earnings and management fees from investee companies.

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