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Spec Products (ROCO:7718) Long-Term Capital Lease Obligation : NT$9 Mil (As of Mar. 2025)


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What is Spec Products Long-Term Capital Lease Obligation?

Spec Products's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was NT$9 Mil.

Spec Products's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (NT$13 Mil) to Dec. 2024 (NT$11 Mil) and declined from Dec. 2024 (NT$11 Mil) to Mar. 2025 (NT$9 Mil).

Spec Products's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (NT$46 Mil) to Dec. 2023 (NT$10 Mil) but then increased from Dec. 2023 (NT$10 Mil) to Dec. 2024 (NT$11 Mil).


Spec Products Long-Term Capital Lease Obligation Historical Data

The historical data trend for Spec Products'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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Spec Products Long-Term Capital Lease Obligation Chart

Spec Products Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
3.24 11.52 46.10 10.44 10.76

Spec Products Quarterly Data
Dec20 Dec21 Dec22 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 8.97 12.68 10.76 9.21

Spec Products  (ROCO:7718) 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.

Spec Products Long-Term Capital Lease Obligation Related Terms

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Spec Products Business Description

Traded in Other Exchanges
N/A
Address
9F.-4, No. 358, Sec 1, Dongmen Road, East District, Tainan, TWN, 701002
Spec Products Corp is a company which is Integrated Industrial Parts manufacturer and supplier where in they have exported more than ten thousand items made to customers' prints or samples per year to USA, Europe, Japan and China, including cold/ hot forging, turning, plastic ejection and stamping, etc from either on its own or sub-contracted factories.

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