Qualtec Co (TSE:9165) Long-Term Capital Lease Obligation : 円30 Mil (As of Jun. 2023)

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What is Qualtec Co Long-Term Capital Lease Obligation?

Qualtec Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2023 was 円30 Mil.

Qualtec Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2021 (円75 Mil) to Jun. 2022 (円57 Mil) and declined from Jun. 2022 (円57 Mil) to Jun. 2023 (円30 Mil).

Qualtec Co's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (円75 Mil) to Jun. 2022 (円57 Mil) and declined from Jun. 2022 (円57 Mil) to Jun. 2023 (円30 Mil).

Qualtec Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Qualtec 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.

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Qualtec Co Long-Term Capital Lease Obligation Chart

Qualtec Co Annual Data

Trend

Jun21

Jun22

Jun23

Long-Term Capital Lease Obligation

75.05

57.43

29.68

Qualtec Co Semi-Annual Data
	Jun21	Jun22	Jun23
Long-Term Capital Lease Obligation	75.05	57.43	29.68

Qualtec Co (TSE:9165) 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.

Qualtec Co Long-Term Capital Lease Obligation Related Terms

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Qualtec Co (TSE:9165) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Qualtec Co Ltd (TSE:9165) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

4-230 Sanbo-cho, Sakai-ku Sakai-shi, Osaka, JPN, 590-0906

Website

https://www.qualtec.co.jp

Qualtec Co Ltd Provides failure analysis and reliability testing of electronic components and is also engaged in the development and sale of testing equipment; fine processing of electronic components; Microfabrication centered on laser processing and surface treatment (plating) technology etc.

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