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Abalance (TSE:3856) Long-Term Capital Lease Obligation : 円0 Mil (As of Mar. 2024)


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What is Abalance Long-Term Capital Lease Obligation?

Abalance's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円0 Mil.

Abalance's annual Long-Term Capital Lease Obligation declined from Jun. 2021 (円79 Mil) to Jun. 2022 (円10 Mil) but then increased from Jun. 2022 (円10 Mil) to Jun. 2023 (円483 Mil).


Abalance Long-Term Capital Lease Obligation Historical Data

The historical data trend for Abalance'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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Abalance Long-Term Capital Lease Obligation Chart

Abalance Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.04 - 79.00 10.00 483.00

Abalance 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 - 483.00 - - -

Abalance  (TSE:3856) 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.

Abalance Long-Term Capital Lease Obligation Related Terms

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Abalance (TSE:3856) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Abalance Corp (TSE:3856) » Definitions » Long-Term Capital Lease Obligation
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Higashi Shinagawa 2 - 4 Shinagawa - ku, Tenkouzu First, Tower 5th Floor, Tokyo, JPN, 140-0002
Abalance Corp is a Japan-based software company. It operates in three business divisions including Information technology (IT) division that provides outsourcing services and consulting, Solar power generation division is engaged in planning, manufacturing, import, export, and sale of products related to solar power generation system, smart grid system, and Construction machine sales business is engaged in the leasing and rental business of construction equipment in the Japan and overseas markets.

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