GURUFOCUS.COM » STOCK LIST » Technology » Software » GSI Co Ltd (SSE:5579) » Definitions » Long-Term Capital Lease Obligation

GSI Co (SSE:5579) Long-Term Capital Lease Obligation : 円0 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is GSI Co Long-Term Capital Lease Obligation?

GSI Co's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円0 Mil.


GSI Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for GSI 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.

* Premium members only.

GSI Co Long-Term Capital Lease Obligation Chart

GSI Co Annual Data
Trend Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
- - -

GSI Co Quarterly Data
Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial - - - - -

GSI Co  (SSE:5579) 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.

GSI Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of GSI Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.


GSI Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » GSI Co Ltd (SSE:5579) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
Kita 7-jo Nishi 1-1-2, SE Sapporo Building 13th Floor, Kita-ku, Sapporo, JPN, 060-0807
GSI Co Ltd is engaged in providing IT solution services that satisfy its customers. It is a system development business that specializes in providing system development to companies that are struggling with a lack of IT service development capabilities to utilize corporate digital technology.

GSI Co Headlines

No Headlines