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Daewon Co (XKRX:007680) Long-Term Capital Lease Obligation : ₩634 Mil (As of Dec. 2023)


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What is Daewon Co Long-Term Capital Lease Obligation?

Daewon Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩634 Mil.

Daewon Co's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (₩753 Mil) to Sep. 2023 (₩705 Mil) and declined from Sep. 2023 (₩705 Mil) to Dec. 2023 (₩634 Mil).

Daewon Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩2,351 Mil) to Dec. 2022 (₩929 Mil) and declined from Dec. 2022 (₩929 Mil) to Dec. 2023 (₩634 Mil).


Daewon Co Long-Term Capital Lease Obligation Historical Data

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

Daewon Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 2,557.42 2,310.04 2,351.07 929.11 633.52

Daewon 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 929.11 828.19 753.18 705.26 633.52

Daewon Co  (XKRX:007680) 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.

Daewon Co Long-Term Capital Lease Obligation Related Terms

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Daewon Co (XKRX:007680) Business Description

Industry
Traded in Other Exchanges
N/A
Address
140-40 Songjeong-dong, Heungdeok-gu, Chungcheongbuk-do, Cheongju, KOR
Daewon Co Ltd is a diversified business company. It operates in overseas business, textile, and construction work business divisions. Its overseas business includes housing development and residential apartment complex construction projects in Vietnam. Textile business is engaged in production line facilities including weaving and dyeing. Construction work business is engaged in the development of residential apartments.

Daewon Co (XKRX:007680) Headlines

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