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Cas Co (XKRX:016920) Long-Term Capital Lease Obligation : ₩1,091 Mil (As of Mar. 2024)


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What is Cas Co Long-Term Capital Lease Obligation?

Cas Co's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₩1,091 Mil.

Cas Co's quarterly Long-Term Capital Lease Obligation increased from Sep. 2023 (₩1,118 Mil) to Dec. 2023 (₩1,187 Mil) but then declined from Dec. 2023 (₩1,187 Mil) to Mar. 2024 (₩1,091 Mil).

Cas Co's annual Long-Term Capital Lease Obligation declined from Dec. 2021 (₩1,709 Mil) to Dec. 2022 (₩1,343 Mil) and declined from Dec. 2022 (₩1,343 Mil) to Dec. 2023 (₩1,187 Mil).


Cas Co Long-Term Capital Lease Obligation Historical Data

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

Cas 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 1,703.41 1,963.26 1,708.83 1,342.76 1,187.06

Cas 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 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 1,241.88 1,224.86 1,117.51 1,187.06 1,091.37

Cas Co  (XKRX:016920) 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.

Cas Co Long-Term Capital Lease Obligation Related Terms

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Cas Co (XKRX:016920) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cas Co Ltd (XKRX:016920) » Definitions » Long-Term Capital Lease Obligation
Traded in Other Exchanges
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Address
262, Geurugogae-ro, Gwangjeok-myeon, Gyeonggi-do, Yangju-si, KOR
Cas Co Ltd is a Korea based supplier of electronic scale. The company exports its electronic scale products to various countries around the world. It offers products which have application for retail, industrial, logistics and laboratory purpose. The product portfolio comprises label printing scales, price computing scales, basic scales, industrial scales, checkweighers, liquid filling machine, auto packing machine, printer, weighing component, micro weighing scale, electronic balance scale and others. In addition, the company also offers PC software solution for retail and industrial areas.

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