Wisdom Marine Lines Co (TPE:2637) Long-Term Capital Lease Obligation : NT$4,126 Mil (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Wisdom Marine Lines Co Long-Term Capital Lease Obligation?

Wisdom Marine Lines Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2023 was NT$4,126 Mil.

Wisdom Marine Lines Co's quarterly Long-Term Capital Lease Obligation increased from Mar. 2023 (NT$3,645 Mil) to Jun. 2023 (NT$4,153 Mil) but then declined from Jun. 2023 (NT$4,153 Mil) to Sep. 2023 (NT$4,126 Mil).

Wisdom Marine Lines Co's annual Long-Term Capital Lease Obligation declined from Dec. 2020 (NT$3,109 Mil) to Dec. 2021 (NT$2,975 Mil) but then increased from Dec. 2021 (NT$2,975 Mil) to Dec. 2022 (NT$3,917 Mil).

Wisdom Marine Lines Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Wisdom Marine Lines 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.

Wisdom Marine Lines Co Long-Term Capital Lease Obligation Chart

Wisdom Marine Lines Co Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

2,429.82

3,584.27

3,109.26

2,974.87

3,917.22

Wisdom Marine Lines Co Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															3,870.35	3,917.22	3,645.35	4,152.52	4,125.79

Wisdom Marine Lines Co (TPE:2637) 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.

Wisdom Marine Lines Co Long-Term Capital Lease Obligation Related Terms

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

Wisdom Marine Lines Co (TPE:2637) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wisdom Marine Lines Co Ltd (TPE:2637) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

Fushing South Road, 7th Floor, No. 237, Section 2, Room 711, Taipei, TWN, 10667

Website

http://www.wisdomlines.com.tw

Wisdom Marine Lines Co Ltd is a transportation and logistics company domiciled in Cayman Island. The company owns, maintains, and operates a fleet of marine transport vessels. Wisdom Marine Lines transports cargo, leases vessels, and provides shipping agency and management services. The company derives its revenue from the following six geographical areas: Japan, the Netherlands, Singapore, Denmark, Germany, and others. The company derives the largest portion of revenue from Singapore followed by Other areas, Japan, the Netherlands, Germany, and Denmark.

Wisdom Marine Lines Co (TPE:2637) Headlines

No Headlines