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J&B International (ROCO:4442) Long-Term Capital Lease Obligation : NT$4 Mil (As of Mar. 2024)


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What is J&B International Long-Term Capital Lease Obligation?

J&B International's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$4 Mil.

J&B International's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (NT$4 Mil) to Dec. 2023 (NT$4 Mil) but then declined from Dec. 2023 (NT$4 Mil) to Mar. 2024 (NT$4 Mil).

J&B International's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (NT$6 Mil) to Dec. 2022 (NT$8 Mil) but then declined from Dec. 2022 (NT$8 Mil) to Dec. 2023 (NT$4 Mil).


J&B International Long-Term Capital Lease Obligation Historical Data

The historical data trend for J&B International'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.

* Premium members only.

J&B International Long-Term Capital Lease Obligation Chart

J&B International Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
7.40 5.55 7.74 4.01

J&B International Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.62 4.10 3.58 4.01 3.70

J&B International  (ROCO:4442) 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.

J&B International Long-Term Capital Lease Obligation Related Terms

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J&B International (ROCO:4442) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 186, Jian 1st Road, Building 4/H, Floor 14, Zhonghe District, New Taipei, TWN, 235603
J&B International Inc is as a fabric solution supplier for international sports, leisure, and outdoor activity brands. It provides fabrics for sports, outdoor, winter, ski and leisurewear, working cross sector with various apparel brands.

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