Cheng Shin Rubber Industry Co (TPE:2105) Long-Term Capital Lease Obligation : NT$128 Mil (As of Mar. 2025)

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What is Cheng Shin Rubber Industry Co Long-Term Capital Lease Obligation?

Cheng Shin Rubber Industry Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was NT$128 Mil.

Cheng Shin Rubber Industry Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2024 (NT$191 Mil) to Dec. 2024 (NT$165 Mil) and declined from Dec. 2024 (NT$165 Mil) to Mar. 2025 (NT$128 Mil).

Cheng Shin Rubber Industry Co's annual Long-Term Capital Lease Obligation declined from Dec. 2022 (NT$279 Mil) to Dec. 2023 (NT$246 Mil) and declined from Dec. 2023 (NT$246 Mil) to Dec. 2024 (NT$165 Mil).

Cheng Shin Rubber Industry Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Cheng Shin Rubber Industry 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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Cheng Shin Rubber Industry Co Long-Term Capital Lease Obligation Chart

Cheng Shin Rubber Industry Co Annual Data

Trend

Dec15

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Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

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534.73

384.97

279.19

245.94

165.33

Cheng Shin Rubber Industry Co Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															255.38	224.17	190.57	165.33	128.04

Cheng Shin Rubber Industry Co (TPE:2105) 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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Cheng Shin Rubber Industry Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cheng Shin Rubber Industry Co Ltd (TPE:2105) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 215, Meigang Road, Dacun Township, Changhua, TWN, 51545

Website

https://www.cst.com.tw

Cheng Shin Rubber Industry Co Ltd makes and sells rubber tires under the CST brand name. The company also sells rubber inner tubes and other rubber products. It includes the Processing, manufacturing, and trading of bicycle tires, electrical vehicle tires, reclaimed rubber, various rubbers, resin, and others. The Business organization is divided into Cheng Shin (Taiwan), MAXXIS (Taiwan) Trading, Cheng Shin (Xiamen), Cheng Shin (China), Petrel (Xiamen), Cheng Shin (Thailand), and other segments based on the nature of each company. The main sources of sales revenue are from manufacturing and sales of bicycle tires, electrical vehicle tires, reclaimed rubber, etc.. Its geographical segments are Taiwan, China, the United States, and Others.

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