Sanshin Electronics Co (Sanshin Electronics Co) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)

View and export this data going back to 2004. Start your Free Trial

What is Sanshin Electronics Co Long-Term Capital Lease Obligation?

Sanshin Electronics Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.

Sanshin Electronics Co's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($1 Mil) to Mar. 2022 ($1 Mil) and declined from Mar. 2022 ($1 Mil) to Mar. 2023 ($1 Mil).

Sanshin Electronics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sanshin Electronics 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.

Sanshin Electronics Co Long-Term Capital Lease Obligation Chart

Sanshin Electronics Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

0.29

1.38

1.24

0.84

0.69

Sanshin Electronics Co 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															-	0.69	-	-	-

Sanshin Electronics Co (OTCPK:SSNEF) 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.

Sanshin Electronics Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Sanshin Electronics Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Sanshin Electronics Co (Sanshin Electronics Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Sanshin Electronics Co Ltd (OTCPK:SSNEF) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

8150:Japan

Address

4-4-12 Shiba, Minato-ku, Tokyo, JPN, 108-8404

Website

http://www.sanshin.co.jp

Sanshin Electronics Co Ltd is a Japanese based electronics trading company. It operates in two business divisions including device business and solution business. Its device business is engaged in the sales of semiconductors and electronic components for automobile, information and communications, toys and games, and social infrastructure and manufacturing industries. In solution business, it offers IT (information technology) infrastructure solution, application services, video solutions, support, and services. The company has a nationwide network in Japan, Thailand, Malaysia, Singapore, Taiwan, Hong Kong, Irvine, and Shenzhen.

Sanshin Electronics Co (Sanshin Electronics Co) Headlines

No Headlines