Welcron Co (XKRX:065950) Long-Term Capital Lease Obligation : ₩1,003 Mil (As of Mar. 2024)

View and export this data going back to 2003. Start your Free Trial

What is Welcron Co Long-Term Capital Lease Obligation?

Welcron Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,003 Mil.

Welcron Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₩848 Mil) to Dec. 2023 (₩1,192 Mil) but then declined from Dec. 2023 (₩1,192 Mil) to Mar. 2024 (₩1,003 Mil).

Welcron Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩236 Mil) to Dec. 2022 (₩894 Mil) and increased from Dec. 2022 (₩894 Mil) to Dec. 2023 (₩1,192 Mil).

Welcron Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Welcron 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.

Welcron Co Long-Term Capital Lease Obligation Chart

Welcron 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

956.42

798.78

236.05

893.62

1,191.79

Welcron Co 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															946.03	841.34	848.33	1,191.79	1,003.37

Welcron Co (XKRX:065950) 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.

Welcron Co Long-Term Capital Lease Obligation Related Terms

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

Welcron Co (XKRX:065950) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Welcron Co Ltd (XKRX:065950) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

212-24, Guro-dong, Guro-gu, SEOUL, KOR, 152-848

Website

http://www.welcron.com

Welcron Co Ltd operates in the textile manufacturing industry in South Korea. The company is engaged in manufacturing of textile materials, functional hygiene products, energy products, and petrochemical plants. The product of the company includes microfiber cleaner.

Welcron Co (XKRX:065950) Headlines

No Headlines