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Komatsu (Komatsu) Long-Term Capital Lease Obligation : $339 Mil (As of Dec. 2023)


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What is Komatsu Long-Term Capital Lease Obligation?

Komatsu's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $339 Mil.

Komatsu's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 ($332 Mil) to Sep. 2023 ($342 Mil) but then declined from Sep. 2023 ($342 Mil) to Dec. 2023 ($339 Mil).

Komatsu's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($368 Mil) to Mar. 2022 ($366 Mil) and declined from Mar. 2022 ($366 Mil) to Mar. 2023 ($336 Mil).


Komatsu Long-Term Capital Lease Obligation Historical Data

The historical data trend for Komatsu'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.

Komatsu Long-Term Capital Lease Obligation Chart

Komatsu Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 358.74 367.82 366.50 336.01

Komatsu 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 317.88 336.01 331.90 342.07 338.72

Komatsu  (OTCPK:KMTUY) 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.

Komatsu Long-Term Capital Lease Obligation Related Terms

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Komatsu (Komatsu) Business Description

Address
3-6 Akasaka 2-chome, Minato-ku, Tokyo, JPN, 107-8414
Komatsu manufactures and sells construction, mining, utility, forestry, and industrial machinery. It also provides related services such as supplying parts, financing, and maintenance. Its major products are hydraulic excavators, bulldozers, wheel loaders, dump trucks, and motor graders, which focus on surface mining and construction. Through its subsidiary, Komatsu Mining (previously Joy Global before being acquired), the company manufactures and sells surface mining equipment like draglines as well as underground mining machinery such as continuous miners and blasthole drills. The company is headquartered in Tokyo.

Komatsu (Komatsu) Headlines

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