ACpay Co (ROCO:6984) Long-Term Capital Lease Obligation : NT$1.83 Mil (As of Dec. 2023)

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What is ACpay Co Long-Term Capital Lease Obligation?

ACpay Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was NT$1.83 Mil.

ACpay Co's quarterly Long-Term Capital Lease Obligation declined from Dec. 2022 (NT$3.15 Mil) to Jun. 2023 (NT$2.34 Mil) and declined from Jun. 2023 (NT$2.34 Mil) to Dec. 2023 (NT$1.83 Mil).

ACpay Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (NT$0.17 Mil) to Dec. 2022 (NT$3.15 Mil) but then declined from Dec. 2022 (NT$3.15 Mil) to Dec. 2023 (NT$1.83 Mil).

ACpay Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for ACpay 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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ACpay Co Long-Term Capital Lease Obligation Chart

ACpay Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

0.17

3.15

1.83

ACpay Co Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			0.17	-	3.15	2.34	1.83

ACpay Co (ROCO:6984) 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.

ACpay Co Long-Term Capital Lease Obligation Related Terms

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ACpay Co (ROCO:6984) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ACpay Co Ltd (ROCO:6984) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

11F., No.103, Sec. 3, Nanjing E. Road, Zhongshan District, Taipei, TWN, 104707

Website

https://www.acpay.com

ACpay Co Ltd is a fintech company providing payment and e-commerce solutions. The company provides integrated offline cash flow services by offering Wireless credit card machines, also it has online cash flow method where in they eliminate physical boundaries and create unlimited value.

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