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Agent Insurance Group (NGO:5836) Long-Term Capital Lease Obligation : 円0 Mil (As of Jun. 2024)


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What is Agent Insurance Group Long-Term Capital Lease Obligation?

Agent Insurance Group's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円0 Mil.

Agent Insurance Group's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (円14 Mil) to Mar. 2024 (円0 Mil) but then stayed the same from Mar. 2024 (円0 Mil) to Jun. 2024 (円0 Mil).

Agent Insurance Group's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (円11 Mil) to Dec. 2022 (円5 Mil) but then increased from Dec. 2022 (円5 Mil) to Dec. 2023 (円14 Mil).


Agent Insurance Group Long-Term Capital Lease Obligation Historical Data

The historical data trend for Agent Insurance Group'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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Agent Insurance Group Long-Term Capital Lease Obligation Chart

Agent Insurance Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
5.75 11.33 4.80 13.56

Agent Insurance Group Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 13.56 - -

Agent Insurance Group  (NGO:5836) 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.

Agent Insurance Group Long-Term Capital Lease Obligation Related Terms

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Agent Insurance Group Business Description

Traded in Other Exchanges
N/A
Address
3-29 Ichigaya Honmura-cho, 7th Floor, FORECAST Ichigaya, Shinjuku-ku, Tokyo, JPN, 162-0845
Agent Insurance Group Inc is a provider of insurance business. The company operates through two businesses, domestic business and overseas business. In the domestic business, it provides two services: insurance consulting sales and an insurance agent support platform. In overseas business, it provides an insurance brokerage service. It provides solutions to various concerns, such as retirement allowances for executives, retirement allowances and benefits for employees. The company also offers specialized insurance for healthcare workers. It offers insurance that covers compensation for accidents caused by medical services performed by doctors, dentists, and nurses.

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