Nankai Chemical Co (TSE:4040) Long-Term Capital Lease Obligation : 円0 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Nankai Chemical Co Long-Term Capital Lease Obligation?

Nankai Chemical Co's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円0 Mil.

Nankai Chemical Co's annual Long-Term Capital Lease Obligation declined from Mar. 2021 (円9 Mil) to Mar. 2022 (円4 Mil) but then increased from Mar. 2022 (円4 Mil) to Mar. 2023 (円5 Mil).

Nankai Chemical Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nankai Chemical 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.

* Premium members only.

Nankai Chemical Co Long-Term Capital Lease Obligation Chart

Nankai Chemical Co Annual Data

Trend

Mar21

Mar22

Mar23

Long-Term Capital Lease Obligation

9.00

4.00

5.00

Nankai Chemical Co Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial			-	5.00	-	-	-

Nankai Chemical Co (TSE:4040) 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.

Nankai Chemical Co Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Nankai Chemical Co's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Nankai Chemical Co (TSE:4040) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nankai Chemical Co Ltd (TSE:4040) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1-12-19 Minamihorie, Yotsubashi Star Building, Nishi-ku, Osaka, JPN, 550-0015

Website

https://www.nankai-chem.co.jp

Nankai Chemical Co Ltd is engaged in the manufacturing and sales of chemical products, agricultural products, quasi-drugs and food additives. collecting, transporting, and recycling of industrial wastes.

Nankai Chemical Co (TSE:4040) Headlines

No Headlines