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Senshu Electric Co (TSE:9824) Long-Term Capital Lease Obligation : 円52 Mil (As of Jan. 2024)


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What is Senshu Electric Co Long-Term Capital Lease Obligation?

Senshu Electric Co's Long-Term Capital Lease Obligation for the quarter that ended in Jan. 2024 was 円52 Mil.

Senshu Electric Co's quarterly Long-Term Capital Lease Obligation increased from Jul. 2023 (円32 Mil) to Oct. 2023 (円49 Mil) and increased from Oct. 2023 (円49 Mil) to Jan. 2024 (円52 Mil).

Senshu Electric Co's annual Long-Term Capital Lease Obligation increased from Oct. 2021 (円15 Mil) to Oct. 2022 (円29 Mil) and increased from Oct. 2022 (円29 Mil) to Oct. 2023 (円49 Mil).


Senshu Electric Co Long-Term Capital Lease Obligation Historical Data

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

Senshu Electric Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.00 37.00 15.00 29.00 49.00

Senshu Electric Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 25.00 32.00 32.00 49.00 52.00

Senshu Electric Co  (TSE:9824) 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.

Senshu Electric Co Long-Term Capital Lease Obligation Related Terms

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Senshu Electric Co (TSE:9824) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-chome 4 no. 21, Minami- Kaneda, Suita-shi, Osaka, JPN, 564-0044
Senshu Electric Co Ltd engages in the wholesale business of electric wires and other electrical equipment. Its products include wires and cables, electronic restraints, information-related equipment, tapes, conduits, heating units, fan motors, delay lines, air cleaners, telecommunication systems, air conditioning equipment, household electrical appliances, office equipment and others. It also provides installation services; real estate rental business; management and operation of power generation business; and other businesses related to the sale and purchase of electricity.

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