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Korea Electric Power (Korea Electric Power) Long-Term Capital Lease Obligation : $2,560 Mil (As of Sep. 2023)


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What is Korea Electric Power Long-Term Capital Lease Obligation?

Korea Electric Power's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was $2,560 Mil.

Korea Electric Power's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 ($2,632 Mil) to Jun. 2023 ($2,666 Mil) but then declined from Jun. 2023 ($2,666 Mil) to Sep. 2023 ($2,560 Mil).

Korea Electric Power's annual Long-Term Capital Lease Obligation declined from Dec. 2020 ($3,698 Mil) to Dec. 2021 ($3,233 Mil) and declined from Dec. 2021 ($3,233 Mil) to Dec. 2022 ($2,744 Mil).


Korea Electric Power Long-Term Capital Lease Obligation Historical Data

The historical data trend for Korea Electric Power'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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Korea Electric Power Long-Term Capital Lease Obligation Chart

Korea Electric Power 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 3,775.23 3,697.64 3,232.53 2,743.67 -

Korea Electric Power 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 2,743.67 2,631.66 2,665.75 2,560.49 -

Korea Electric Power  (NYSE:KEP) 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.

Korea Electric Power Long-Term Capital Lease Obligation Related Terms

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Korea Electric Power (Korea Electric Power) Business Description

Traded in Other Exchanges
Address
55 Jeollyeok-ro, Jeollanam-do, Naju-si, KOR, 58322
Korea Electric Power Corp is an electric utility company in which the government of South Korea holds a controlling stake. The firm operates in the following segments: Transmission and distribution, Electric power generation (Nuclear), Electric power generation (Non-Nuclear), Plant maintenance & engineering service, and Others. Most of the energy produced by the company comes from its nuclear and coal-fired assets. Korea Electric Power generates revenue primarily through the Transmission and distribution segment.

Korea Electric Power (Korea Electric Power) Headlines