GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Premium Group Co Ltd (TSE:7199) » Definitions » Long-Term Capital Lease Obligation

Premium Group Co (TSE:7199) Long-Term Capital Lease Obligation : 円0 Mil (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Premium Group Co Long-Term Capital Lease Obligation?

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


Premium Group Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Premium Group 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.

Premium Group Co Long-Term Capital Lease Obligation Chart

Premium Group Co Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only - - - - -

Premium Group Co 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 - - - - -

Premium Group Co  (TSE:7199) 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.

Premium Group Co Long-Term Capital Lease Obligation Related Terms

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


Premium Group Co (TSE:7199) Business Description

Traded in Other Exchanges
N/A
Address
Roppongi first building 1-9-9 Roppongi, Minato-ku, Tokyo, JPN, 106-0032
Premium Group Co Ltd is a Japan-based company offers financing service. The company is involved in automobile credit financing, automobile warranty business, consulting, warranty product development, and market research and various other businesses.

Premium Group Co (TSE:7199) Headlines

No Headlines