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Simple Mart Retail Co (TPE:2945) Long-Term Capital Lease Obligation : NT$1,507 Mil (As of Sep. 2024)


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What is Simple Mart Retail Co Long-Term Capital Lease Obligation?

Simple Mart Retail Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$1,507 Mil.

Simple Mart Retail Co's quarterly Long-Term Capital Lease Obligation increased from Dec. 2023 (NT$1,342 Mil) to Jun. 2024 (NT$1,382 Mil) and increased from Jun. 2024 (NT$1,382 Mil) to Sep. 2024 (NT$1,507 Mil).

Simple Mart Retail Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NT$1,254 Mil) to Dec. 2022 (NT$1,249 Mil) but then increased from Dec. 2022 (NT$1,249 Mil) to Dec. 2023 (NT$1,342 Mil).


Simple Mart Retail Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Simple Mart Retail 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.

Simple Mart Retail Co Long-Term Capital Lease Obligation Chart

Simple Mart Retail Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only 1,131.70 1,131.99 1,254.33 1,249.39 1,342.47

Simple Mart Retail Co Quarterly Data
Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,261.95 1,296.60 1,342.47 1,382.39 1,507.10

Simple Mart Retail Co  (TPE:2945) 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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Simple Mart Retail Co Business Description

Traded in Other Exchanges
N/A
Address
Minquan East Road, B1, No. 4, Section 3, Zhongshan District, Taipei, TWN, 10477
Simple Mart Retail Co Ltd operates a retail chain of stores in Taiwan. The main engagement is in supermarkets manufacture, and retail sales in kinds of foods, Beverage, daily commodities and others.

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