GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LNC Technology Co Ltd (ROCO:4587) » Definitions » Long-Term Capital Lease Obligation

LNC Technology Co (ROCO:4587) Long-Term Capital Lease Obligation : NT$124.6 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is LNC Technology Co Long-Term Capital Lease Obligation?

LNC Technology Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was NT$124.6 Mil.

LNC Technology Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (NT$108.5 Mil) to Jun. 2024 (NT$94.4 Mil) but then increased from Jun. 2024 (NT$94.4 Mil) to Dec. 2024 (NT$124.6 Mil).

LNC Technology Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (NT$44.3 Mil) to Dec. 2023 (NT$108.5 Mil) and increased from Dec. 2023 (NT$108.5 Mil) to Dec. 2024 (NT$124.6 Mil).


LNC Technology Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for LNC Technology 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.

* Premium members only.

LNC Technology Co Long-Term Capital Lease Obligation Chart

LNC Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial 13.20 7.63 44.29 108.52 124.57

LNC Technology Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.29 85.75 108.52 94.41 124.57

LNC Technology Co  (ROCO:4587) 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.

LNC Technology Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of LNC Technology Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


LNC Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No.633, Sec. 2, Taiwan Boulevard, 6th Floor, Xitun District, Taichung City, TWN, 40764
LNC Technology Co Ltd engages in developing and manufacturing a variety of equipment control systems and provides clients with professional solutions. Its products apply to all kinds of processing procedures in modern factories, such as molds processing, cutting, stamping, grinding, and injection to robot operation. The company's products comprise gantry robot controllers, joint robot controllers, machine controllers, smart production lines, and others.

LNC Technology Co Headlines

No Headlines