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Hiwin Technologies (TPE:2049) Long-Term Capital Lease Obligation : NT$464 Mil (As of Mar. 2024)


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What is Hiwin Technologies Long-Term Capital Lease Obligation?

Hiwin Technologies's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$464 Mil.

Hiwin Technologies's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (NT$287 Mil) to Dec. 2023 (NT$371 Mil) and increased from Dec. 2023 (NT$371 Mil) to Mar. 2024 (NT$464 Mil).

Hiwin Technologies's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NT$409 Mil) to Dec. 2022 (NT$375 Mil) and declined from Dec. 2022 (NT$375 Mil) to Dec. 2023 (NT$371 Mil).


Hiwin Technologies Long-Term Capital Lease Obligation Historical Data

The historical data trend for Hiwin Technologies'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.

Hiwin Technologies Long-Term Capital Lease Obligation Chart

Hiwin Technologies 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 482.53 442.22 408.87 375.26 370.68

Hiwin Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 347.52 317.82 287.40 370.68 464.02

Hiwin Technologies  (TPE:2049) 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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Hiwin Technologies (TPE:2049) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Jingke Road, Taichung Precision Machinery Park, Taichung, TWN, 408225
Hiwin Technologies Corp manufactures linear guideways used in precision positioning, guiding, and measuring applications. Other products include ball screws for industrial machinery, which turn rotary motion into linear motion, and linear actuators utilizing a gear system to transform motor-powered rotary movement into linear movement. The end market for Hiwin is Taiwan, followed by smaller markets in Germany, Japan, and the United States. The Group's reportable segments are linear guideways, ballscrews and others. Majority of revenue is generated from Linear guideways segment.

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