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Ton Yi Industrial (TPE:9907) Long-Term Capital Lease Obligation : NT$1,084 Mil (As of Mar. 2024)


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What is Ton Yi Industrial Long-Term Capital Lease Obligation?

Ton Yi Industrial's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$1,084 Mil.

Ton Yi Industrial's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (NT$1,182 Mil) to Dec. 2023 (NT$1,116 Mil) and declined from Dec. 2023 (NT$1,116 Mil) to Mar. 2024 (NT$1,084 Mil).

Ton Yi Industrial's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (NT$1,591 Mil) to Dec. 2022 (NT$1,370 Mil) and declined from Dec. 2022 (NT$1,370 Mil) to Dec. 2023 (NT$1,116 Mil).


Ton Yi Industrial Long-Term Capital Lease Obligation Historical Data

The historical data trend for Ton Yi Industrial'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.

Ton Yi Industrial Long-Term Capital Lease Obligation Chart

Ton Yi Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,965.58 1,812.50 1,591.39 1,370.13 1,116.27

Ton Yi Industrial 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 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 1,300.44 1,215.94 1,182.17 1,116.27 1,083.70

Ton Yi Industrial  (TPE:9907) 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.

Ton Yi Industrial Long-Term Capital Lease Obligation Related Terms

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Ton Yi Industrial (TPE:9907) Business Description

Traded in Other Exchanges
N/A
Address
No.837, Zhongzheng North Road, YongKang District, Tainan City, TWN, 710002
Ton Yi Industrial Corp manufactures and sells a variety of packaging products. The company's primary product categories include cold rolled carbon steel, tin plates, tin cans, and polyethylene terephthalate (PET). Cold rolled carbon steel is sold to manufacturers of buckets, electric parts, steel tubes, and car parts. Tin plates are sold to manufacturers of nozzles, spouts, crown caps, and can liners. Tin cans are typically sold to the food industry, while PET is used to make plastic bottles, caps, and labels for the beverage industry.

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