Tatung Co (TPE:2371) Long-Term Capital Lease Obligation : NT$570 Mil (As of Mar. 2024)

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What is Tatung Co Long-Term Capital Lease Obligation?

Tatung Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$570 Mil.

Tatung Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (NT$582 Mil) to Dec. 2023 (NT$582 Mil) and declined from Dec. 2023 (NT$582 Mil) to Mar. 2024 (NT$570 Mil).

Tatung Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NT$857 Mil) to Dec. 2022 (NT$635 Mil) and declined from Dec. 2022 (NT$635 Mil) to Dec. 2023 (NT$582 Mil).

Tatung Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Tatung 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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Tatung Co Long-Term Capital Lease Obligation Chart

Tatung Co Annual Data

Trend

Dec14

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Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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1,126.62

1,006.45

856.92

634.98

581.66

Tatung Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															689.54	649.59	582.42	581.66	569.84

Tatung Co (TPE:2371) 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.

Tatung Co Long-Term Capital Lease Obligation Related Terms

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Tatung Co (TPE:2371) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Tatung Co Ltd (TPE:2371) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

N/A

Address

No. 22, Section 3, Zhongshan North Road, Taipei, TWN, 104427

Website

http://www.tatung.com.tw

Tatung Co Ltd is a Taiwan-based conglomerate that primarily operates through the following business groups. The Optoelectronics business group manufactures TFD - LCD, small and medium-sized panels. The consumer business group produces digital entertainment products, Internet of Things products, air conditioners, home appliances, LED TVs, and other products. The Machinery and system business group is engaged in areas such as the Internet of Things and smart grid, new energy systems, motors, machinery and energy systems.; and the Real estate segments. The company generates most of its revenue from Taiwan, China, and Asia.

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