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Kyeryong Construction Industrial Co (XKRX:013580) Long-Term Capital Lease Obligation : ₩71,585 Mil (As of Mar. 2025)


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What is Kyeryong Construction Industrial Co Long-Term Capital Lease Obligation?

Kyeryong Construction Industrial Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₩71,585 Mil.

Kyeryong Construction Industrial Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (₩63,450 Mil) to Dec. 2024 (₩72,936 Mil) but then declined from Dec. 2024 (₩72,936 Mil) to Mar. 2025 (₩71,585 Mil).

Kyeryong Construction Industrial Co's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (₩52,267 Mil) to Dec. 2023 (₩83,651 Mil) but then declined from Dec. 2023 (₩83,651 Mil) to Dec. 2024 (₩72,936 Mil).


Kyeryong Construction Industrial Co Long-Term Capital Lease Obligation Historical Data

The historical data trend for Kyeryong Construction Industrial 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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Kyeryong Construction Industrial Co Long-Term Capital Lease Obligation Chart

Kyeryong Construction Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35,254.06 32,862.74 52,267.45 83,651.46 72,936.11

Kyeryong Construction Industrial Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 70,469.23 64,825.45 63,449.87 72,936.11 71,584.70

Kyeryong Construction Industrial Co  (XKRX:013580) 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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Kyeryong Construction Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
48 Munjeong-ro 48beongil, KyeRyong Construction Building, Seo-gu, Daejeon, KOR, 302-852
Kyeryong Construction Industrial Co Ltd is a Korea-based company engaged in the construction business. The company is involved in the civil works such as the construction of road, bridges, subway, railroad, and hosing. In addition, it is also into building business offices, commercial home, education and medical facilities and other related activities. The company also undertakes works of apartments, industrial complexes, and leisure facilities.

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