Nissin (TSE:9066) Long-Term Capital Lease Obligation : 円8,537 Mil (As of Dec. 2023)

View and export this data going back to 1950. Start your Free Trial

What is Nissin Long-Term Capital Lease Obligation?

Nissin's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was 円8,537 Mil.

Nissin's quarterly Long-Term Capital Lease Obligation declined from Jun. 2023 (円8,274 Mil) to Sep. 2023 (円7,876 Mil) but then increased from Sep. 2023 (円7,876 Mil) to Dec. 2023 (円8,537 Mil).

Nissin's annual Long-Term Capital Lease Obligation increased from Mar. 2022 (円3,201 Mil) to Mar. 2023 (円7,733 Mil) and increased from Mar. 2023 (円7,733 Mil) to Mar. 2024 (円8,809 Mil).

Nissin Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nissin'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.

Nissin Long-Term Capital Lease Obligation Chart

Nissin Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

3,143.00

3,107.00

3,201.00

7,733.00

8,809.00

Nissin 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															7,733.00	8,274.00	7,876.00	8,537.00	8,809.00

Nissin (TSE:9066) 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.

Nissin Long-Term Capital Lease Obligation Related Terms

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

Nissin (TSE:9066) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nissin Corp (TSE:9066) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

8P1:Germany

Address

84 6-chome, Naka, JPN

Website

http://www.nissin-tw.co.jp

Nissin Corp is engaged in the travel and logistics business. The company operates through three segments namely Logistics, Travel service and Real estate. Its Logistics segment provides international transportation, international logistics, and air cargo transportation. The Travel service segment is involved in the tourism business. Its Real estate segment includes the development of commercial buildings and sites and leasing of real estate.

Nissin (TSE:9066) Headlines

No Headlines