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GrandTech Cloud Services (ROCO:7747) Long-Term Capital Lease Obligation : NT$3 Mil (As of Mar. 2025)


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What is GrandTech Cloud Services Long-Term Capital Lease Obligation?

GrandTech Cloud Services's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was NT$3 Mil.

GrandTech Cloud Services's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (NT$4 Mil) to Dec. 2024 (NT$3 Mil) and declined from Dec. 2024 (NT$3 Mil) to Mar. 2025 (NT$3 Mil).

GrandTech Cloud Services's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (NT$1 Mil) to Dec. 2023 (NT$5 Mil) but then declined from Dec. 2023 (NT$5 Mil) to Dec. 2024 (NT$3 Mil).


GrandTech Cloud Services Long-Term Capital Lease Obligation Historical Data

The historical data trend for GrandTech Cloud Services'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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GrandTech Cloud Services Long-Term Capital Lease Obligation Chart

GrandTech Cloud Services Annual Data
Trend Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
1.01 5.47 3.43

GrandTech Cloud Services Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - 4.23 3.83 3.43 3.04

GrandTech Cloud Services  (ROCO:7747) 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.

GrandTech Cloud Services Long-Term Capital Lease Obligation Related Terms

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GrandTech Cloud Services Business Description

Industry
Traded in Other Exchanges
N/A
Address
Lane 76, Ruiguang Road, 2nd Floor, No.33, Neihu District, Taipei, TWN, 114
GrandTech Cloud Services Inc is a company that is involved in professional software and hardware marketing and has a customer base in the games, animation, and creative industries. It has overseas bases in Hong Kong, Malaysia, Singapore, Indonesia and Japan. It provides a full range of cloud consulting and operation services to help enterprises create greater business value. It also provides FinOps multi-country cross-cloud integrated accounting systems.

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