Union (XKRX:000910) Long-Term Capital Lease Obligation : ₩1,675 Mil (As of Dec. 2023)

View and export this data going back to 1996. Start your Free Trial

What is Union Long-Term Capital Lease Obligation?

Union's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩1,675 Mil.

Union's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (₩1,266 Mil) to Sep. 2023 (₩1,894 Mil) but then declined from Sep. 2023 (₩1,894 Mil) to Dec. 2023 (₩1,675 Mil).

Union's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩1,341 Mil) to Dec. 2022 (₩1,340 Mil) but then increased from Dec. 2022 (₩1,340 Mil) to Dec. 2023 (₩1,675 Mil).

Union Long-Term Capital Lease Obligation Historical Data

The historical data trend for Union'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.

Union Long-Term Capital Lease Obligation Chart

Union Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

944.63

1,861.64

1,340.94

1,340.10

1,674.66

Union 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															1,340.10	1,273.42	1,266.24	1,893.94	1,674.66

Union (XKRX:000910) 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.

Union Long-Term Capital Lease Obligation Related Terms

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

Union (XKRX:000910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Union Corp (XKRX:000910) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

94, Sogong-ro, Jung-gu, 13th Floor Oriental Chemical Building, Seoul, KOR, 04532

Website

http://www.unioncement.com

Union Corp is engaged in the production of cement and rare metal such as vanadium and molybdenum. The company is a member of OCI Group. Its products ranges from building materials, refractory materials, civil construction materials, filtering devices and metal recycling, and ozone systems.

Union (XKRX:000910) Headlines

No Headlines