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Dongbang Transport Logistics Co (XKRX:004140) Long-Term Capital Lease Obligation : ₩27,218 Mil (As of Sep. 2024)


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What is Dongbang Transport Logistics Co Long-Term Capital Lease Obligation?

Dongbang Transport Logistics Co's Long-Term Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₩27,218 Mil.

Dongbang Transport Logistics Co's quarterly Long-Term Capital Lease Obligation declined from Mar. 2024 (₩30,261 Mil) to Jun. 2024 (₩28,734 Mil) and declined from Jun. 2024 (₩28,734 Mil) to Sep. 2024 (₩27,218 Mil).

Dongbang Transport Logistics Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩35,849 Mil) to Dec. 2022 (₩32,713 Mil) and declined from Dec. 2022 (₩32,713 Mil) to Dec. 2023 (₩31,783 Mil).


Dongbang Transport Logistics Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Dongbang Transport Logistics 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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Dongbang Transport Logistics Co Long-Term Capital Lease Obligation Chart

Dongbang Transport Logistics Co 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 16,580.61 45,920.81 35,849.35 32,713.45 31,783.37

Dongbang Transport Logistics Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 31,859.43 31,783.37 30,261.11 28,734.16 27,217.83

Dongbang Transport Logistics Co  (XKRX:004140) 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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Dongbang Transport Logistics Co Business Description

Traded in Other Exchanges
N/A
Address
2-ga, 23 floors, Hanjin Building, Jung-gu, Seoul, KOR, 100-770
Dongbang Transport Logistics Co Ltd is engaged in providing logistics services in South Korea. It offers harbor stevedoring, land transportation, marine transportation, heavy freight transport and installation, CY/CFS, ferry stevedoring, and portal logistics/overseas transportation services. The company also provides railway transportation services for coke, coal, steel, and bulk freight.

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