GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sodick Co Ltd (OTCPK:SDCKF) » Definitions » Long-Term Capital Lease Obligation
中文

Sodick Co (Sodick Co) Long-Term Capital Lease Obligation

: $0.0 Mil (As of Dec. 2023)
View and export this data going back to 2016. Start your Free Trial

Sodick Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil.


Sodick Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sodick 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.

Sodick Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sodick 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Sodick Co  (OTCPK:SDCKF) 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.

Sodick Co Long-Term Capital Lease Obligation Related Terms

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


Sodick Co (Sodick Co) Business Description

Industry
Traded in Other Exchanges
Address
3-12-1 Nakamachidai, Tsuzuki-ku, Yokohama, Kanagawa, JPN, 224-8522
Sodick Co Ltd is the manufacturer of electrical discharge machines (EDM). The company operates through three segments namely Machine tools operations, Industrial machinery operations, and Food processing machinery operations. It offers various machine tools products such as die-sinker, wire-cut, and small-hole drilling EDMs, horizontal injection molding machine, noodle producing the machine, powder mill, linear motor and linear motor drivers and many more.

Sodick Co (Sodick Co) Headlines

No Headlines