Taiheiyo Cement (Taiheiyo Cement) Long-Term Capital Lease Obligation : $0 Mil (As of Dec. 2023)

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What is Taiheiyo Cement Long-Term Capital Lease Obligation?

Taiheiyo Cement's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil.

Taiheiyo Cement's annual Long-Term Capital Lease Obligation declined from Mar. 2021 ($132 Mil) to Mar. 2022 ($114 Mil) but then increased from Mar. 2022 ($114 Mil) to Mar. 2023 ($198 Mil).

Taiheiyo Cement Long-Term Capital Lease Obligation Historical Data

The historical data trend for Taiheiyo Cement'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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Taiheiyo Cement Long-Term Capital Lease Obligation Chart

Taiheiyo Cement Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

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158.50

167.15

132.03

113.69

198.36

Taiheiyo Cement 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															-	198.36	-	-	-

Taiheiyo Cement (OTCPK:THYCY) 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.

Taiheiyo Cement Long-Term Capital Lease Obligation Related Terms

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Taiheiyo Cement (Taiheiyo Cement) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Taiheiyo Cement Corp (OTCPK:THYCY) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

THYCF:USA 5233:Japan

Address

Daiba Garden City Building, 2-3-5, Daiba, Minato-ku, Tokyo, JPN, 104-8518

Website

http://www.taiheiyo-cement.co.jp

Taiheiyo Cement Corp manufactures and sells construction materials to the building, construction, and infrastructure industries. The company also generates biomass power. The firm organizes itself in six segments based on function and location: Cement, Mineral Resources, Environmental, Construction Materials, Ceramics, and Electronics. The Cement segment, which generates the majority of revenue, sells cement, ready-mix concrete. The Mineral Resources segment extracts and sells limestone and construction materials. The Environmental segment turns waste into power and cement and sells desulfurization products to coal power plants. The majority of revenue is generated in Asia and the United States.

Taiheiyo Cement (Taiheiyo Cement) Headlines

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