GURUFOCUS.COM » STOCK LIST » Technology » Software » Housei Inc (TSE:5035) » Definitions » Long-Term Capital Lease Obligation

Housei (TSE:5035) Long-Term Capital Lease Obligation : 円0 Mil (As of Jun. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Housei Long-Term Capital Lease Obligation?

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

Housei's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (円1 Mil) to Dec. 2022 (円5 Mil) but then declined from Dec. 2022 (円5 Mil) to Dec. 2023 (円0 Mil).


Housei Long-Term Capital Lease Obligation Historical Data

The historical data trend for Housei'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.

Housei Long-Term Capital Lease Obligation Chart

Housei Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
3.06 1.31 4.89 -

Housei Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Housei  (TSE:5035) 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.

Housei Long-Term Capital Lease Obligation Related Terms

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


Housei Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Housei Inc (TSE:5035) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
N/A
Address
1-8 Tsukudo-cho, 9th floor, Kagurazaka AK Building, Shinjuku-ku, Tokyo, JPN, 162-0821
Housei Inc predominantly operates in the information technology sector. The company is engaged in various business activities such as the development, operation, and maintenance of information systems for the media, manufacturing, and finance industries, the provision of in-house developed information systems, software and cloud services (Product Promotion Business), and the sale of Japanese products to Chinese consumers and the provision of cloud services for this purpose (Crossborder E-commerce Business). In addition, the company also provides IT services and IP brokerage in the entertainment industry. Its reportable segments are the Information Systems Business, which derives maximum revenue, and the Cross-border E-commerce business.

Housei Headlines

No Headlines