Sanden (TSE:6444) Long-Term Capital Lease Obligation : 円2,748 Mil (As of Jun. 2024)

View and export this data going back to 1962. Start your Free Trial

What is Sanden Long-Term Capital Lease Obligation?

Sanden's Long-Term Capital Lease Obligation for the quarter that ended in Jun. 2024 was 円2,748 Mil.

Sanden's quarterly Long-Term Capital Lease Obligation declined from Dec. 2023 (円3,403 Mil) to Mar. 2024 (円3,093 Mil) and declined from Mar. 2024 (円3,093 Mil) to Jun. 2024 (円2,748 Mil).

Sanden's annual Long-Term Capital Lease Obligation declined from Mar. 2020 (円7,610 Mil) to Mar. 2021 (円6,649 Mil) and declined from Mar. 2021 (円6,649 Mil) to Dec. 2022 (円4,408 Mil).

Sanden Long-Term Capital Lease Obligation Historical Data

The historical data trend for Sanden'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.

Sanden Long-Term Capital Lease Obligation Chart

Sanden Annual Data

Trend

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Dec22

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

6,113.00

5,974.00

7,610.00

6,649.00

4,408.00

Sanden Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															3,750.00	3,403.00	3,093.00	2,748.00	2,453.00

Sanden (TSE:6444) 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.

Sanden Long-Term Capital Lease Obligation Related Terms

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

Sanden Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Sanden Corp (TSE:6444) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Kotobuki-cho, Gunma, Isesaki, JPN, 372-8502

Website

https://www.sanden.co.jp

Sanden Corp is a Japan-based company that primarily operates through two segments. The company's automotive systems segment manufactures and distributes automotive air conditioning systems and air-conditioner compressors. The commercial store systems segment manufactures and distributes automatic vending machines, commercial freezers, and refrigerated showcases. Sanden Holdings' products are provided to customers including multinational automobile makers, beverage manufacturers, and home users. The company generates the majority of its sales from the Asian market.

Sanden Headlines

No Headlines