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OSG Co (TSE:6757) Long-Term Capital Lease Obligation : 円14 Mil (As of Jul. 2024)


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What is OSG Co Long-Term Capital Lease Obligation?

OSG Co's Long-Term Capital Lease Obligation for the quarter that ended in Jul. 2024 was 円14 Mil.

OSG Co's quarterly Long-Term Capital Lease Obligation declined from Jan. 2024 (円1 Mil) to Apr. 2024 (円0 Mil) but then increased from Apr. 2024 (円0 Mil) to Jul. 2024 (円14 Mil).

OSG Co's annual Long-Term Capital Lease Obligation declined from Jan. 2022 (円21 Mil) to Jan. 2023 (円8 Mil) and declined from Jan. 2023 (円8 Mil) to Jan. 2024 (円1 Mil).


OSG Co Long-Term Capital Lease Obligation Historical Data

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

OSG Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.49 34.31 20.84 8.46 0.62

OSG Co Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 3.97 1.90 0.62 - 13.78

OSG Co  (TSE:6757) 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.

OSG Co Long-Term Capital Lease Obligation Related Terms

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OSG Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Osaka Tenma 1-26-3 OSG headquarters building, Kita-ku, Osaka, JPN, 530-0043
OSG Corp Co Ltd is engaged in the development and sale of living care oriented products that focuses on health and environment. The products of the company include electrolytic hydrogen water generator, alkaline ion water conditioner, and water purifier.

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