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Weiss Korea Opportunity Fund (LSE:WKOF) Long-Term Capital Lease Obligation : £0.00 Mil (As of Dec. 2023)


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What is Weiss Korea Opportunity Fund Long-Term Capital Lease Obligation?

Weiss Korea Opportunity Fund's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil.


Weiss Korea Opportunity Fund Long-Term Capital Lease Obligation Historical Data

The historical data trend for Weiss Korea Opportunity Fund'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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Weiss Korea Opportunity Fund Long-Term Capital Lease Obligation Chart

Weiss Korea Opportunity Fund Annual Data
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Long-Term Capital Lease Obligation
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Weiss Korea Opportunity Fund Semi-Annual Data
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Weiss Korea Opportunity Fund  (LSE:WKOF) 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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Weiss Korea Opportunity Fund (LSE:WKOF) Business Description

Traded in Other Exchanges
N/A
Address
Trafalgar Court, Les Banques, Northern Trust, P.O. Box 255, St. Peter Port, GGY, GY1 3QL
Weiss Korea Opportunity Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to provide shareholders with an attractive return on their investment, predominantly through long-term capital appreciation. The company focuses on South Korean companies which invest in listed preferred shares and other securities, including exchange-traded funds, futures contracts, and other types of options, swaps, and derivatives related to Korean equities and cash equivalents. The Company is geographically focused on South Korean companies.

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