Samsung Electronics Co (Samsung Electronics Co) Long-Term Capital Lease Obligation : $2,856 Mil (As of Dec. 2023)

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What is Samsung Electronics Co Long-Term Capital Lease Obligation?

Samsung Electronics Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,856 Mil.

Samsung Electronics Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 ($2,875 Mil) to Sep. 2023 ($2,871 Mil) and declined from Sep. 2023 ($2,871 Mil) to Dec. 2023 ($2,856 Mil).

Samsung Electronics Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 ($2,420 Mil) to Dec. 2022 ($2,726 Mil) and increased from Dec. 2022 ($2,726 Mil) to Dec. 2023 ($2,856 Mil).

Samsung Electronics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Samsung Electronics 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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Samsung Electronics Co Long-Term Capital Lease Obligation Chart

Samsung Electronics Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,870.41

1,828.25

2,419.70

2,726.44

2,855.62

Samsung Electronics 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															2,726.44	2,827.37	2,874.92	2,870.93	2,855.62

Samsung Electronics Co (OTCPK:SSNLF) 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.

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Samsung Electronics Co (Samsung Electronics Co) Business Description

Industry

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Traded in Other Exchanges

SMSNN:Mexico 005935:Korea 005930:Korea BC94:UK SMSNl:UK SMSN:UK SMSD:UK SSUN:Germany

Address

129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 443-742

Website

https://www.samsung.com

Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.