Binggrae Co (XKRX:005180) Long-Term Capital Lease Obligation : ₩21,011 Mil (As of Dec. 2023)

View and export this data going back to 1978. Start your Free Trial

What is Binggrae Co Long-Term Capital Lease Obligation?

Binggrae Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩21,011 Mil.

Binggrae Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (₩20,264 Mil) to Sep. 2023 (₩19,697 Mil) but then increased from Sep. 2023 (₩19,697 Mil) to Dec. 2023 (₩21,011 Mil).

Binggrae Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩5,294 Mil) to Dec. 2022 (₩18,722 Mil) and increased from Dec. 2022 (₩18,722 Mil) to Dec. 2023 (₩21,011 Mil).

Binggrae Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Binggrae 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.

Binggrae Co Long-Term Capital Lease Obligation Chart

Binggrae Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

4,504.44

6,108.88

5,293.74

18,722.02

21,011.34

Binggrae Co 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															18,722.02	20,980.82	20,264.20	19,696.55	21,011.34

Binggrae Co (XKRX:005180) 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.

Binggrae Co Long-Term Capital Lease Obligation Related Terms

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

Binggrae Co (XKRX:005180) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Binggrae Co Ltd (XKRX:005180) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

45, Dasansunhwan-ro, Gyeonggi-do, Namyangju-si, KOR

Website

http://www.bing.co.kr

Binggrae Co Ltd is a Korea-based company engaged in the manufacturing and processing of dairy products and snacks. The business activity of the group is primarily operated through two divisions namely Refrigeration and Cold storage division. The Refrigeration division is engaged in the production of Ice cream and other frozen snacks, and Cold storage division engaged in the production of Dairy drinks such as milk and yogurt as well as other snacks. The products are offered under the brand name of Melona, Samanco, Pop Top, Pangtoa and others.

Binggrae Co (XKRX:005180) Headlines

No Headlines