Nippon Express Holdings (TSE:9147) Long-Term Capital Lease Obligation : 円328,578 Mil (As of Mar. 2024)

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What is Nippon Express Holdings Long-Term Capital Lease Obligation?

Nippon Express Holdings's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was 円328,578 Mil.

Nippon Express Holdings's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (円296,512 Mil) to Dec. 2023 (円304,896 Mil) and increased from Dec. 2023 (円304,896 Mil) to Mar. 2024 (円328,578 Mil).

Nippon Express Holdings's annual Long-Term Capital Lease Obligation increased from . 20 (円0 Mil) to Dec. 2022 (円281,825 Mil) and increased from Dec. 2022 (円281,825 Mil) to Dec. 2023 (円304,896 Mil).

Nippon Express Holdings Long-Term Capital Lease Obligation Historical Data

The historical data trend for Nippon Express Holdings'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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Nippon Express Holdings Long-Term Capital Lease Obligation Chart

Nippon Express Holdings Annual Data

Trend

Dec22

Dec23

Long-Term Capital Lease Obligation

281,825.00

304,896.00

Nippon Express Holdings Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial				281,045.00	290,884.00	296,512.00	304,896.00	328,578.00

Nippon Express Holdings (TSE:9147) 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.

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Nippon Express Holdings (TSE:9147) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nippon Express Holdings Inc (TSE:9147) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

NPEHF:USA

Address

2 Kanda Izumicho, Chiyoda-ku, Tokyo, JPN, 101-0024

Website

Nippon Express Holdings Inc is engaged in the management and related operations for corporate group companies such as truck transportation business.

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