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SK Hynix (XKRX:000660) Long-Term Capital Lease Obligation : ₩2,398,377 Mil (As of Dec. 2023)


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What is SK Hynix Long-Term Capital Lease Obligation?

SK Hynix's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₩2,398,377 Mil.

SK Hynix's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (₩1,640,479 Mil) to Sep. 2023 (₩2,423,357 Mil) but then declined from Sep. 2023 (₩2,423,357 Mil) to Dec. 2023 (₩2,398,377 Mil).

SK Hynix's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩1,223,703 Mil) to Dec. 2022 (₩1,516,208 Mil) and increased from Dec. 2022 (₩1,516,208 Mil) to Dec. 2023 (₩2,398,377 Mil).


SK Hynix Long-Term Capital Lease Obligation Historical Data

The historical data trend for SK Hynix'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.

SK Hynix Long-Term Capital Lease Obligation Chart

SK Hynix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,373,828.00 1,296,252.00 1,223,703.00 1,516,208.00 2,398,377.00

SK Hynix Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,516,208.00 1,646,030.00 1,640,479.00 2,423,357.00 2,398,377.00

SK Hynix  (XKRX:000660) 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.

SK Hynix Long-Term Capital Lease Obligation Related Terms

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SK Hynix (XKRX:000660) Business Description

Industry
Traded in Other Exchanges
Address
2091, Gyeongchung-daero, Bubai-eub, Icheon-si, Gyeonggi-do, KOR
SK Hynix is a semiconductor supplier with around 65%-70% of its revenue from DRAM and 25%-30% of its revenue from NAND flash. SK Hynix is the second-largest DRAM supplier globally with approximately 28% market share and the fifth-largest NAND supplier globally with approximately 19% market share. SK Telecom, the largest telecom carrier in South Korea, became the largest shareholder in 2012 and currently holds 20% of SK Hynix's shares.

SK Hynix (XKRX:000660) Headlines

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