Gaia Co (XKRX:296520) Long-Term Capital Lease Obligation : ₩9 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Gaia Co Long-Term Capital Lease Obligation?

Gaia Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩9 Mil.

Gaia Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2021 (₩37 Mil) to Dec. 2022 (₩0 Mil) but then increased from Dec. 2022 (₩0 Mil) to Dec. 2023 (₩9 Mil).

Gaia Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩37 Mil) to Dec. 2022 (₩0 Mil) but then increased from Dec. 2022 (₩0 Mil) to Dec. 2023 (₩9 Mil).

Gaia Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Gaia 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.

Gaia Co Long-Term Capital Lease Obligation Chart

Gaia Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

186.15

136.34

36.63

8.59

Gaia Co Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			186.15	136.34	36.63	-	8.59

Gaia Co (XKRX:296520) 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.

Gaia Co Long-Term Capital Lease Obligation Related Terms

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

Gaia Co (XKRX:296520) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Gaia Corp Co Ltd (XKRX:296520) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

24 Jeongbalsan-ro, Ilsandong-gu, 9th Floor, T4-901 to 909, Janghang-dong, Western Dome 2, Gyeonggi-do, Goyang-si,, KOR

Website

https://www.gaiabiz.co.kr

Gaia Corp Co Ltd engages in manufacturing and distributing toys and baby products.

Gaia Co (XKRX:296520) Headlines

No Headlines