Winking Studios (SGX:WKS) Long-Term Capital Lease Obligation : S$2.55 Mil (As of Dec. 2024)

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What is Winking Studios Long-Term Capital Lease Obligation?

Winking Studios's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2024 was S$2.55 Mil.

Winking Studios's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (S$2.25 Mil) to Jun. 2024 (S$1.83 Mil) but then increased from Jun. 2024 (S$1.83 Mil) to Dec. 2024 (S$2.55 Mil).

Winking Studios's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (S$2.57 Mil) to Dec. 2023 (S$2.25 Mil) but then increased from Dec. 2023 (S$2.25 Mil) to Dec. 2024 (S$2.55 Mil).

Winking Studios Long-Term Capital Lease Obligation Historical Data

The historical data trend for Winking Studios'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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Winking Studios Long-Term Capital Lease Obligation Chart

Winking Studios Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

0.25

1.82

2.57

2.25

2.55

Winking Studios Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			2.57	-	2.25	1.83	2.55

Winking Studios (SGX:WKS) 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.

Winking Studios Long-Term Capital Lease Obligation Related Terms

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Winking Studios Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Winking Studios Ltd (SGX:WKS) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

WKS:UK

Address

6 Raffles Quay, No. 14-06, Singapore, SGP, 048580

Website

https://www.winkingworks.com

Winking Studios Ltd is an art outsourcing and game development studio providing complete end-to-end art outsourcing and game development services across various platforms. The three primary business segments of the company are the Original Equipment Manufacturer (Art Outsourcing Segment), Original Design Manufacturer (Game Development Segment), and Global Publishing and Others. The company derives maximum revenue from the Art Outsourcing Segment which creates and develops digital art assets as part of its provision of art outsourcing services. The Group can provide a wide gamut of design services that include 2D concept art, 3D modeling, 2D animation, 3D animation, and visual effects. This art includes environment design and game character design.

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