Lotes Co (TPE:3533) Long-Term Capital Lease Obligation : NT$474 Mil (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Lotes Co Long-Term Capital Lease Obligation?

Lotes Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$474 Mil.

Lotes Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (NT$464 Mil) to Sep. 2023 (NT$453 Mil) but then increased from Sep. 2023 (NT$453 Mil) to Mar. 2024 (NT$474 Mil).

Lotes Co's annual Long-Term Capital Lease Obligation increased from Dec. 2020 (NT$104 Mil) to Dec. 2021 (NT$286 Mil) but then declined from Dec. 2021 (NT$286 Mil) to Dec. 2022 (NT$260 Mil).

Lotes Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Lotes 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.

Lotes Co Long-Term Capital Lease Obligation Chart

Lotes Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

60.56

104.28

285.85

260.38

Lotes Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															260.38	503.11	463.64	453.21	473.71

Lotes Co (TPE:3533) 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.

Lotes Co Long-Term Capital Lease Obligation Related Terms

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

Lotes Co (TPE:3533) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lotes Co Ltd (TPE:3533) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 15, Wuxun Street, Anle District, Keelung, TWN, 204

Website

https://www.lotes.cc

Lotes Co Ltd is a Taiwan-based manufacturer of precision electronic interconnect components and hardware. Its connectors and other electronic components are used in the manufacture of notebooks, desktop computers, communication devices, mobile phones, and other products. It distributes its products within the domestic market and overseas markets.

Lotes Co (TPE:3533) Headlines

No Headlines