Panasonic Holdings (Panasonic Holdings) Long-Term Capital Lease Obligation : $1,373 Mil (As of Dec. 2023)

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What is Panasonic Holdings Long-Term Capital Lease Obligation?

Panasonic Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,373 Mil.

Panasonic Holdings's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($1,431 Mil) to Sep. 2023 ($1,393 Mil) and declined from Sep. 2023 ($1,393 Mil) to Dec. 2023 ($1,373 Mil).

Panasonic Holdings's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($1,827 Mil) to Mar. 2022 ($1,739 Mil) and declined from Mar. 2022 ($1,739 Mil) to Mar. 2023 ($1,405 Mil).

Panasonic Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Panasonic Holdings'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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Panasonic Holdings Long-Term Capital Lease Obligation Chart

Panasonic Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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72.12

1,880.66

1,826.69

1,738.66

1,405.50

Panasonic Holdings 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															1,391.43	1,405.50	1,431.35	1,393.32	1,373.18

Panasonic Holdings (OTCPK:PCRFF) 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.

Panasonic Holdings Long-Term Capital Lease Obligation Related Terms

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Panasonic Holdings (Panasonic Holdings) Business Description

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Traded in Other Exchanges

PCRFY:USA 6752:Japan MAT1:Germany MAT1:Austria

Address

1006, Oaza Kadoma, Kadoma-shi, Osaka, JPN, 571-8501

Website

https://holdings.panasonic

Panasonic Holdings is a conglomerate that has diversified from its consumer electronics roots. It has five main business units: lifestyle (white appliances and housing products); automotive (cockpit systems); connect (BtoB businesses); industry (FA products, electronic materials, and devices); and energy (rechargeable batteries). After the crisis in 2012, former president Kazuhiro Tsuga has focused on shifting the business portfolio to increase the proportion of B2B businesses to mitigate the tough competition in consumer electronics products.