I Yuan Precision Ind Co (ROCO:2235) Long-Term Capital Lease Obligation : NT$55.4 Mil (As of Mar. 2024)

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What is I Yuan Precision Ind Co Long-Term Capital Lease Obligation?

I Yuan Precision Ind Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$55.4 Mil.

I Yuan Precision Ind Co's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (NT$56.3 Mil) to Sep. 2023 (NT$61.7 Mil) but then declined from Sep. 2023 (NT$61.7 Mil) to Mar. 2024 (NT$55.4 Mil).

I Yuan Precision Ind Co's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (NT$82.4 Mil) to Dec. 2021 (NT$71.0 Mil) and declined from Dec. 2021 (NT$71.0 Mil) to Dec. 2022 (NT$59.6 Mil).

I Yuan Precision Ind Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for I Yuan Precision Ind 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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I Yuan Precision Ind Co Long-Term Capital Lease Obligation Chart

I Yuan Precision Ind Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

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89.28

82.38

71.05

59.57

I Yuan Precision Ind Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															59.57	59.21	56.31	61.66	55.39

I Yuan Precision Ind Co (ROCO:2235) 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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I Yuan Precision Ind Co (ROCO:2235) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » I Yuan Precision Ind Co Ltd (ROCO:2235) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.24, Dinghu Road, Guishan Township, Taoyuan, TWN

Website

http://www.tiy-motor.com

I Yuan Precision Ind Co Ltd is engaged in the manufacturing, production, and trade of automotive parts such as water jet motors and water jets. It is also involved in processing and trading of other auto parts.

I Yuan Precision Ind Co (ROCO:2235) Headlines

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