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TKC (TSE:9746) Long-Term Capital Lease Obligation : 円0 Mil (As of Mar. 2024)


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What is TKC Long-Term Capital Lease Obligation?

TKC's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil.

TKC's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (円391 Mil) to Dec. 2023 (円0 Mil) but then stayed the same from Dec. 2023 (円0 Mil) to Mar. 2024 (円0 Mil).

TKC's annual Long-Term Capital Lease Obligation declined from Sep. 2021 (円694 Mil) to Sep. 2022 (円481 Mil) and declined from Sep. 2022 (円481 Mil) to Sep. 2023 (円391 Mil).


TKC Long-Term Capital Lease Obligation Historical Data

The historical data trend for TKC'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.

TKC Long-Term Capital Lease Obligation Chart

TKC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,333.00 1,113.00 694.00 481.00 391.00

TKC 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 - - 391.00 - -

TKC  (TSE:9746) 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.

TKC Long-Term Capital Lease Obligation Related Terms

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TKC (TSE:9746) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » TKC Corp (TSE:9746) » Definitions » Long-Term Capital Lease Obligation
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Address
1758 Tsurutamachi, Utsunomiya-shi, Tochigi, JPN, 320-0851
TKC Corp provides a variety of information technology, or IT, services. The firm's computer services include batch processing and printing, data storage, and download management. TKC's Internet services include Internet management, cloud computing, database management, data storage, data backup, and data security. The company's other services include software development, system device sales, systems consulting services, and general education and training services. TKC generates the majority of its sales revenue from accounting firms and local governments.

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