Kurogane Kosakusho (TSE:7997) Long-Term Capital Lease Obligation : 円59 Mil (As of Nov. 2024)

View and export this data going back to 1961. Start your Free Trial

What is Kurogane Kosakusho Long-Term Capital Lease Obligation?

Kurogane Kosakusho's Long-Term Capital Lease Obligation for the quarter that ended in Nov. 2024 was 円59 Mil.

Kurogane Kosakusho's quarterly Long-Term Capital Lease Obligation declined from Feb. 2024 (円74 Mil) to May. 2024 (円69 Mil) and declined from May. 2024 (円69 Mil) to Nov. 2024 (円59 Mil).

Kurogane Kosakusho's annual Long-Term Capital Lease Obligation increased from Nov. 2022 (円26 Mil) to Nov. 2023 (円79 Mil) but then declined from Nov. 2023 (円79 Mil) to Nov. 2024 (円59 Mil).

Kurogane Kosakusho Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kurogane Kosakusho'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.

Kurogane Kosakusho Long-Term Capital Lease Obligation Chart

Kurogane Kosakusho Annual Data

Trend

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

90.17

65.25

26.11

79.07

59.02

Kurogane Kosakusho Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Nov24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															86.98	79.07	73.51	68.70	59.02

Kurogane Kosakusho (TSE:7997) 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.

Kurogane Kosakusho Long-Term Capital Lease Obligation Related Terms

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

Kurogane Kosakusho Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Kurogane Kosakusho Ltd (TSE:7997) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 24, 4-Bandi 1-chome, Shinmachi, Nishi-ku, Osaka, JPN, 550-0013

Website

http://www.kurogane-kks.co.jp

Kurogane Kosakusho Ltd is a Japan-based furniture manufacturing company. It manufactures office furniture such as writing desks, chairs, file cabinets, children's study desks, and shelves. In addition, the company also manufactures air-conditioning equipment and other construction-related facilities.

Kurogane Kosakusho Headlines

No Headlines