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Kitakei Co (TSE:9872) Long-Term Capital Lease Obligation : 円0 Mil (As of Nov. 2024)


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What is Kitakei Co Long-Term Capital Lease Obligation?

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

Kitakei Co's annual Long-Term Capital Lease Obligation declined from Nov. 2022 (円0 Mil) to Nov. 2023 (円0 Mil) but then stayed the same from Nov. 2023 (円0 Mil) to Nov. 2024 (円0 Mil).


Kitakei Co Long-Term Capital Lease Obligation Historical Data

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

Kitakei Co Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.77 1.92 0.27 - -

Kitakei Co 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 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 - - - - -

Kitakei Co  (TSE:9872) 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.

Kitakei Co Long-Term Capital Lease Obligation Related Terms

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Kitakei Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Minami-Honmachi, Chuo-ku, Ito Building 3-6-14, Osaka, JPN, 541-0054
Kitakei Co Ltd is a trading company, selling housing materials and equipment in Japan. It provides interior products, including floor, wall, roofing, frame, and building materials; interior doors; stairs, hand railings, and counters; entryway, wall, and closet boxes and storage products; tiles, bricks, and rock/stone materials; and Japanese style housing materials. The company also offers fixtures and fittings, such as kitchen, bath, sink bowl, sink vanity, and toilet products; hot water heaters and electrical water heater among other products.

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