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Kee Fresh &fe Foodtech Co (ROCO:7743) Long-Term Capital Lease Obligation : NT$47.6 Mil (As of Jun. 2024)


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What is Kee Fresh &fe Foodtech Co Long-Term Capital Lease Obligation?

Kee Fresh &fe Foodtech Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was NT$47.6 Mil.

Kee Fresh &fe Foodtech Co's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (NT$0.0 Mil) to Dec. 2023 (NT$50.2 Mil) but then declined from Dec. 2023 (NT$50.2 Mil) to Jun. 2024 (NT$47.6 Mil).

Kee Fresh &fe Foodtech Co's annual Long-Term Capital Lease Obligation increased from . 20 (NT$0.0 Mil) to Dec. 2022 (NT$52.3 Mil) but then declined from Dec. 2022 (NT$52.3 Mil) to Dec. 2023 (NT$50.2 Mil).


Kee Fresh &fe Foodtech Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kee Fresh &fe Foodtech 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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Kee Fresh &fe Foodtech Co Long-Term Capital Lease Obligation Chart

Kee Fresh &fe Foodtech Co Annual Data
Trend Dec22 Dec23
Long-Term Capital Lease Obligation
52.25 50.21

Kee Fresh &fe Foodtech Co Semi-Annual Data
Dec22 Jun23 Dec23 Jun24
Long-Term Capital Lease Obligation 52.25 - 50.21 47.61

Kee Fresh &fe Foodtech Co  (ROCO:7743) 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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Kee Fresh &fe Foodtech Co Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 15, Yuanxi Street, Pingtung, TWN, 90037
Kee Fresh & Safe Foodtech Co Ltd is a company whose business is to provide HPP low-temperature sterilization OEM services for various food industries. It further integrates with domestic food research institutions and related industries, and through the company's R&D team, uses the unique advantages of HPP ultra-high pressure and low-temperature food processing technology to provide innovative products and services.

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