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Tien Li Offshore Wind Technology Co (ROCO:6793) Long-Term Capital Lease Obligation : NT$168 Mil (As of Dec. 2023)


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What is Tien Li Offshore Wind Technology Co Long-Term Capital Lease Obligation?

Tien Li Offshore Wind Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$168 Mil.

Tien Li Offshore Wind Technology Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (NT$179 Mil) to Jun. 2023 (NT$173 Mil) and declined from Jun. 2023 (NT$173 Mil) to Dec. 2023 (NT$168 Mil).

Tien Li Offshore Wind Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (NT$175 Mil) to Dec. 2022 (NT$179 Mil) but then declined from Dec. 2022 (NT$179 Mil) to Dec. 2023 (NT$168 Mil).


Tien Li Offshore Wind Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tien Li Offshore Wind Technology Co'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.

Tien Li Offshore Wind Technology Co Long-Term Capital Lease Obligation Chart

Tien Li Offshore Wind Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 197.34 183.16 174.66 179.33 167.93

Tien Li Offshore Wind Technology Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 174.66 170.57 179.33 173.40 167.93

Tien Li Offshore Wind Technology Co  (ROCO:6793) 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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Tien Li Offshore Wind Technology Co (ROCO:6793) Business Description

Traded in Other Exchanges
N/A
Address
Minsheng East Road, 3rd Floor, No. 131, Section 3, Songshan District, Taipei, TWN, 10596
Tien Li Offshore Wind Technology Co Ltd specializes in the development and production of wind turbine blades, nacelle covers and molds, as well as blade performance improvement and blade maintenance.

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