Daito Trust Construction Co (Daito Trust Construction Co) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)

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What is Daito Trust Construction Co Long-Term Capital Lease Obligation?

Daito Trust Construction Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.

Daito Trust Construction Co's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($3 Mil) to Mar. 2022 ($3 Mil) but then increased from Mar. 2022 ($3 Mil) to Mar. 2023 ($5 Mil).

Daito Trust Construction Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Daito Trust Construction 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.

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Daito Trust Construction Co Long-Term Capital Lease Obligation Chart

Daito Trust Construction Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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5.83

4.77

3.32

3.27

4.57

Daito Trust Construction 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															-	4.57	-	-	-

Daito Trust Construction Co (OTCPK:DIFTY) 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.

Daito Trust Construction Co Long-Term Capital Lease Obligation Related Terms

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Daito Trust Construction Co (Daito Trust Construction Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Daito Trust Construction Co Ltd (OTCPK:DIFTY) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

1878:Japan 1878:Japan 4D7:Germany

Address

2-16-1, Konan, Minato-ku, Tokyo, JPN, 108-8211

Website

http://www.kentaku.co.jp

Daito Trust Construction Co Ltd engages in the design and construction of apartments, condominiums, rental office buildings, factories, and warehouses. Additional activities include tenant recruiting, building maintenance, and contracting arrangements. A Lease Management Trust System sits at the center of Daito's operations. Under this system, business is divided between the construction business and the real estate business. The company plans and proposes building rental businesses to landowners, and then designs and constructs the contracted rental buildings. Daito also recruits tenants for its constructed rental buildings and provides property management and operation services for the buildings.

Daito Trust Construction Co (Daito Trust Construction Co) Headlines

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