Asahi Kasei (Asahi Kasei) Long-Term Capital Lease Obligation : $198 Mil (As of Dec. 2023)

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What is Asahi Kasei Long-Term Capital Lease Obligation?

Asahi Kasei's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $198 Mil.

Asahi Kasei's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($216 Mil) to Sep. 2023 ($202 Mil) and declined from Sep. 2023 ($202 Mil) to Dec. 2023 ($198 Mil).

Asahi Kasei's annual Long-Term Capital Lease Obligation increased from Mar. 2021 ($36 Mil) to Mar. 2022 ($73 Mil) and increased from Mar. 2022 ($73 Mil) to Mar. 2023 ($213 Mil).

Asahi Kasei Long-Term Capital Lease Obligation Historical Data

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

Asahi Kasei Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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2.28

32.56

36.07

73.50

213.42

Asahi Kasei 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															96.71	213.42	215.81	202.33	198.38

Asahi Kasei (OTCPK:AHKSY) 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.

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Asahi Kasei (Asahi Kasei) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Asahi Kasei Corp (OTCPK:AHKSY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

AHKSF:USA 3407:Japan ASAA:Germany

Address

1-105 Kanda Jinbocho, Chiyoda-ku, Tokyo, JPN, 101-8101

Website

http://www.asahi-kasei.co.jp

Asahi Kasei Corp is a holding company that, through its subsidiaries, sells a variety of products and services. The firm is organized into four segments based on product or service. The chemicals and fibers segment, which generates the most revenue of any segment, sells ammonia-based products including plastic compounds and cellulose fiber. The homes and construction segment builds residential houses and sells thermal insulation. The electronics segment sells components for mobile phones including electronic compasses and lithium-ion battery separators. The healthcare segment sells medical devices including blood purification, blood transfusion, and bioprocess products. The majority of revenue comes from Japan.

Asahi Kasei (Asahi Kasei) Headlines

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