Daemyung Sonoseason Co (XKRX:007720) Long-Term Capital Lease Obligation : ₩1,739 Mil (As of Mar. 2024)

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What is Daemyung Sonoseason Co Long-Term Capital Lease Obligation?

Daemyung Sonoseason Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,739 Mil.

Daemyung Sonoseason Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₩1,741 Mil) to Dec. 2023 (₩1,748 Mil) but then declined from Dec. 2023 (₩1,748 Mil) to Mar. 2024 (₩1,739 Mil).

Daemyung Sonoseason Co's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (₩1,395 Mil) to Dec. 2022 (₩2,002 Mil) but then declined from Dec. 2022 (₩2,002 Mil) to Dec. 2023 (₩1,748 Mil).

Daemyung Sonoseason Co Long-Term Capital Lease Obligation Historical Data

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

Daemyung Sonoseason Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Long-Term Capital Lease Obligation

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3,152.85

2,358.08

1,395.15

2,002.00

1,748.35

Daemyung Sonoseason Co Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															2,019.47	1,546.57	1,740.51	1,748.35	1,738.71

Daemyung Sonoseason Co (XKRX:007720) 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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Daemyung Sonoseason Co (XKRX:007720) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Daemyung Sonoseason Co Ltd (XKRX:007720) » Definitions » Long-Term Capital Lease Obligation

Traded in Other Exchanges

N/A

Address

262, Hanchigol-gil Seo-myeon, Hongcheon-gun, Gangwon-do, Hongcheon, KOR

Website

http://www.daemyungcorporation.com

Daemyung Sonoseason Co Ltd is engaged in the Security Division, Retail Division, B2B Division, and Pet MRO division. The Security Division develops, manufactures and sells for integrated video security solutions, including recorders, surveillance cameras, accessories, and integrated control software. Retail Division includes Goods & Goods, Logo Shop, Mom Kids, and other shops among others. B2B Distribution Division provides the make-to-order, wholesale, management service of MRO for leisure, plant, golf, lodging, and industry whereas Pet MRO is specialized in the pet industry, such as pet milk, pet food, and pet supplies.

Daemyung Sonoseason Co (XKRX:007720) Headlines

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