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Integrated Memory Logic (TPE:3638) Long-Term Capital Lease Obligation : NT$0 Mil (As of Jun. 2014)


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What is Integrated Memory Logic Long-Term Capital Lease Obligation?

Integrated Memory Logic's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2014 was NT$0 Mil.


Integrated Memory Logic Long-Term Capital Lease Obligation Historical Data

The historical data trend for Integrated Memory Logic'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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Integrated Memory Logic Long-Term Capital Lease Obligation Chart

Integrated Memory Logic Annual Data
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Integrated Memory Logic Quarterly Data
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Integrated Memory Logic  (TPE:3638) 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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Integrated Memory Logic (TPE:3638) Business Description

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Integrated Memory Logic Ltd. provides analog, power management, and mixed signal IC solutions for LCD panel applications. It also designs custom chips; and provides packaging and testing outsourcing services.

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