CHieru Co (CHieru Co) Long-Term Capital Lease Obligation : $0.00 Mil (As of Dec. 2023)

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What is CHieru Co Long-Term Capital Lease Obligation?

CHieru Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil.

CHieru Co Long-Term Capital Lease Obligation Historical Data

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

CHieru Co Annual Data

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Long-Term Capital Lease Obligation

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CHieru Co Quarterly Data
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CHieru Co (OTCPK:CIERF) 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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CHieru Co (CHieru Co) Business Description

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3933:Japan

Address

2-2-24, Higashi-shinagawa, Tennozu Central Tower 3F, Shinagawa-ku, Tokyo, JPN, 140-0002

Website

http://www.chieru.com

CHieru Co Ltd is a Japanese firm which provides information and communication technology environments for teaching and learning in schools. It offers services including software and system products, teaching and learning resources and strategic consulting for school ICT environment. Its solutions include CaLabo EX, CaLabo LX, CaLabo TX, interclass cloud.

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