Taiwan Secom Co (TPE:9917) Long-Term Capital Lease Obligation : NT$759 Mil (As of Mar. 2024)

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What is Taiwan Secom Co Long-Term Capital Lease Obligation?

Taiwan Secom Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was NT$759 Mil.

Taiwan Secom Co's quarterly Long-Term Capital Lease Obligation declined from Sep. 2023 (NT$796 Mil) to Dec. 2023 (NT$783 Mil) and declined from Dec. 2023 (NT$783 Mil) to Mar. 2024 (NT$759 Mil).

Taiwan Secom Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (NT$395 Mil) to Dec. 2022 (NT$564 Mil) and increased from Dec. 2022 (NT$564 Mil) to Dec. 2023 (NT$783 Mil).

Taiwan Secom Co Long-Term Capital Lease Obligation Historical Data

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

Taiwan Secom Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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337.62

515.96

394.79

564.02

783.27

Taiwan Secom 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															506.83	509.65	795.57	783.27	759.47

Taiwan Secom Co (TPE:9917) 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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Taiwan Secom Co (TPE:9917) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Taiwan Secom Co Ltd (TPE:9917) » Definitions » Long-Term Capital Lease Obligation

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Traded in Other Exchanges

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Address

No. 139, Zhengzhou Road, 6th Floor, Taipei, TWN

Website

https://www.secom.com.tw

Taiwan Secom Co Ltd is involved in security and protection services. The company has four operating segments; the Electronic system segment engages in security system-related services, the Security guard service segment engages in security guarding related services, the Cash delivery service segment engages in cash delivery service, and the Logistics service segment engages in logistic service. It generates maximum revenue from the Electronic System segment. Geographically, it derives a majority of its revenue from Taiwan.

Taiwan Secom Co (TPE:9917) Headlines

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