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IN Holdings Co (TSE:132A) Long-Term Capital Lease Obligation : 円20 Mil (As of Apr. 2023)


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What is IN Holdings Co Long-Term Capital Lease Obligation?

IN Holdings Co's Long-Term Capital Lease Obligation for the quarter that ended in Apr. 2023 was 円20 Mil.

IN Holdings Co's quarterly Long-Term Capital Lease Obligation increased from . 20 (円0 Mil) to Oct. 2022 (円24 Mil) but then declined from Oct. 2022 (円24 Mil) to Apr. 2023 (円20 Mil).

IN Holdings Co's annual Long-Term Capital Lease Obligation stayed the same from . 20 (円0 Mil) to . 20 (円0 Mil) but then increased from . 20 (円0 Mil) to Oct. 2022 (円24 Mil).


IN Holdings Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for IN Holdings 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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IN Holdings Co Long-Term Capital Lease Obligation Chart

IN Holdings Co Annual Data
Trend Oct22
Long-Term Capital Lease Obligation
23.96

IN Holdings Co Semi-Annual Data
Oct22 Apr23
Long-Term Capital Lease Obligation 23.96 20.05

IN Holdings Co  (TSE:132A) 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.

IN Holdings Co Long-Term Capital Lease Obligation Related Terms

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IN Holdings Co (TSE:132A) Business Description

Industry
Comparable Companies
Traded in Other Exchanges
N/A
Address
656-1, Naoe, Chikujogun Yoshitomimachi, Fukuoka, JPN, 871-0831
IN Holdings Co Ltd is engaged in logistics business in Japan. It has wide range of operations, including general cargo business, as well as warehousing, packaging, vehicle transportation, and export.

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